Transcontinental (TSE:TCL.B) Stock Passes Above 50 Day Moving Average – Here’s What Happened

Transcontinental Inc. (TSE:TCL.BGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$23.53 and traded as high as C$24.07. Transcontinental shares last traded at C$24.07, with a volume of 100 shares changing hands.

Transcontinental Stock Down 1.7%

The company has a market cap of C$2.01 billion, a P/E ratio of 11.80 and a beta of 0.47. The stock has a 50-day moving average of C$23.53 and a two-hundred day moving average of C$21.17. The company has a debt-to-equity ratio of 54.12, a quick ratio of 1.09 and a current ratio of 1.49.

Transcontinental Company Profile

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Transcontinental Inc, operating as TC Transcontinental, is a Montreal-based packaging, commercial printing and specialty media company. The company was established in 1976 as a direct marketing company, and later expanded into newspaper printing, and eventually publishing of newspapers and magazines.

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