CCL Industries (TSE:CCL.A) Stock Passes Above 50-Day Moving Average – Should You Sell?

CCL Industries Inc. (TSE:CCL.AGet Free Report)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$80.16 and traded as high as C$83.38. CCL Industries shares last traded at C$83.38, with a volume of 100 shares traded.

CCL Industries Trading Down 0.1 %

The business has a fifty day moving average of C$80.16 and a 200-day moving average of C$74.96. The company has a debt-to-equity ratio of 48.08, a quick ratio of 1.31 and a current ratio of 1.96. The company has a market capitalization of C$979.72 million, a P/E ratio of 22.18 and a beta of 0.57.

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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