CCL Industries (TSE:CCL.A) Shares Cross Below 50-Day Moving Average – Time to Sell?

CCL Industries Inc. (TSE:CCL.AGet Free Report)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$77.98 and traded as low as C$73.00. CCL Industries shares last traded at C$73.00, with a volume of 300 shares traded.

CCL Industries Trading Up 0.0 %

The stock has a market capitalization of C$857.75 million, a price-to-earnings ratio of 19.41 and a beta of 0.57. The company has a fifty day moving average of C$77.98 and a two-hundred day moving average of C$77.42. The company has a current ratio of 1.96, a quick ratio of 1.31 and a debt-to-equity ratio of 48.08.

CCL Industries Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for CCL Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CCL Industries and related companies with MarketBeat.com's FREE daily email newsletter.