Transcontinental (TSE:TCL.B) Hits New 52-Week Low – What’s Next?

Transcontinental Inc. (TSE:TCL.BGet Free Report) shares reached a new 52-week low on Monday . The stock traded as low as C$5.23 and last traded at C$6.79, with a volume of 1004 shares trading hands. The stock had previously closed at C$25.64.

Transcontinental Stock Down 72.8%

The firm has a market cap of C$567.77 million, a P/E ratio of 3.92 and a beta of 0.49. The firm’s 50 day moving average is C$23.93 and its two-hundred day moving average is C$21.86. The company has a current ratio of 1.49, a quick ratio of 1.09 and a debt-to-equity ratio of 54.12.

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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