CCL Industries (TSE:CCL.A) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

CCL Industries Inc. (TSE:CCL.A) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$86.10 and traded as high as C$87.55. CCL Industries shares last traded at C$87.15, with a volume of 1,201 shares trading hands.

CCL Industries Trading Up 2.5%

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 business’s fifty day moving average is C$86.10 and its 200 day moving average is C$80.72. The stock has a market cap of C$15.10 billion, a PE ratio of 18.99 and a beta of 0.48.

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.