CCL Industries (TSE:CCL.A) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

CCL Industries Inc. (TSE:CCL.AGet Free Report) shares crossed 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 traded.

CCL Industries Stock Performance

The stock has a market cap of C$840.01 million, a price-to-earnings ratio of 19.01 and a beta of 0.57. 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 fifty day moving average of C$71.49 and a 200 day moving average of C$76.44.

About CCL Industries

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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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