Transcontinental (TSE:TCL.B) Stock Crosses Below 200-Day Moving Average – What’s Next?

Transcontinental Inc. (TSE:TCL.BGet Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$9.32 and traded as low as C$6.65. Transcontinental shares last traded at C$6.65, with a volume of 306 shares traded.

Transcontinental Stock Down 2.3%

The company has a market capitalization of C$556.07 million, a price-to-earnings ratio of 1.67 and a beta of 0.02. The company has a quick ratio of 1.09, a current ratio of 1.49 and a debt-to-equity ratio of 54.12. The business has a 50-day moving average price of C$6.91 and a 200-day moving average price of C$9.32.

About Transcontinental

(Get Free Report)

Transcontinental, or TC Transcontinental, is a Canadian printer and flexible packaging provider that operates in three segments: packaging, printing, and other. Its packaging segment features the production of different plastic products geared toward consumer goods. Production plants specialize in extrusion, lamination, printing, and converting. The company offers premedia, printing, and distribution services through the printing segment. Publishers, retailers, cataloguers, and marketers are some of the customers who tap TC Transcontinental for these printing solutions.

Recommended Stories

Receive News & Ratings for Transcontinental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transcontinental and related companies with MarketBeat.com's FREE daily email newsletter.