Transcontinental (OTCMKTS:TCLAF) Shares Up 2.4% – Time to Buy?

Transcontinental Inc. (OTCMKTS:TCLAF – Get Free Report) shot up 2.4% during mid-day trading on Friday. The stock traded as high as $4.22 and last traded at $4.22. 38,111 shares traded hands during mid-day trading, a decline of 11% from the average daily volume of 42,623 shares. The stock had previously closed at $4.1224.

Transcontinental Stock Performance

The company has a 50-day simple moving average of $3.85 and a 200-day simple moving average of $3.86.

Transcontinental Company Profile

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Transcontinental Inc is a Canadian company headquartered in Montreal, Quebec. Founded in 1976, the company has developed from a commercial printing business into a diversified provider of packaging, printing and media services. Its operations primarily serve customers in Canada and the United States, with additional packaging activities in other international markets.

Transcontinental’s packaging business produces flexible packaging and other packaging solutions for food, consumer goods and industrial customers.

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