CCL Industries (TSE:CCL.A) Sets New 1-Year High – Should You Buy?

CCL Industries Inc. (TSE:CCL.A)’s share price hit a new 52-week high on Wednesday . The stock traded as high as C$91.49 and last traded at C$91.49, with a volume of 102 shares trading hands. The stock had previously closed at C$89.95.

CCL Industries Stock Performance

The firm has a market cap of C$15.82 billion, a P/E ratio of 20.14 and a beta of 0.49. The stock’s 50 day moving average is C$86.18 and its two-hundred day moving average is C$86.39. The company has a debt-to-equity ratio of 48.08, a current ratio of 1.96 and a quick ratio of 1.31.

CCL Industries (TSE:CCL.A) last announced its quarterly earnings results on Wednesday, May 13th. The company reported C$1.20 EPS for the quarter. The firm had revenue of C$1.94 billion during the quarter. CCL Industries had a net margin of 9.80% and a return on equity of 14.28%. As a group, equities analysts predict that CCL Industries Inc. will post 4.6352097 EPS for the current year.

About CCL Industries

CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions.