CCL Industries (TSE:CCL.A) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

CCL Industries Inc. (TSE:CCL.AGet Free Report)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$71.49 and traded as high as C$71.49. CCL Industries shares last traded at C$71.49, with a volume of 100 shares.

CCL Industries Price Performance

The stock’s 50 day moving average price is C$71.49 and its two-hundred day moving average price is C$76.45. The company has a debt-to-equity ratio of 48.08, a current ratio of 1.96 and a quick ratio of 1.31. The firm has a market capitalization of C$840.01 million, a price-to-earnings ratio of 19.01 and a beta of 0.57.

CCL Industries Company Profile

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CCL Industries Inc manufactures and sells labels, containers, consumer printable media products, technology driven label solutions, polymer bank note substrates, and specialty films. The company operates through four segments: CCL, Avery, Checkpoint, and Innovia. The CCL segment offers pressure sensitive and specialty extruded film materials for decorative, instructional, functional, and security applications in the consumer packaging, healthcare, chemicals, consumer electronic device, and automotive markets.

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