CCL Industries (TSE:CCL.A) Reaches New 1-Year High – Still a Buy?

CCL Industries Inc. (TSE:CCL.A)’s stock price reached 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 traded. The stock had previously closed at C$89.95.

CCL Industries Stock Performance

The company has a market cap of C$15.64 billion, a P/E ratio of 19.91 and a beta of 0.49. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08. The firm has a 50 day moving average of C$86.11 and a 200-day moving average of C$86.31.

CCL Industries (TSE:CCL.A) last released its quarterly earnings data on Wednesday, May 13th. The company reported C$1.20 earnings per share for the quarter. CCL Industries had a net margin of 9.80% and a return on equity of 14.28%. The company had revenue of C$1.94 billion during the quarter. As a group, sell-side analysts anticipate that CCL Industries Inc. will post 4.6352097 EPS for the current fiscal year.

CCL Industries Company Profile

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.