Transcontinental (OTCMKTS:TCLAF) Trading Down 0.3% – Time to Sell?

Transcontinental Inc. (OTCMKTS:TCLAF)’s stock price fell 0.3% on Monday . The company traded as low as $17.13 and last traded at $17.13. 440 shares traded hands during trading, a decline of 98% from the average session volume of 17,827 shares. The stock had previously closed at $17.19.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Scotiabank reaffirmed a “sector perform” rating on shares of Transcontinental in a research note on Tuesday, December 9th. National Bank Financial restated an “outperform” rating on shares of Transcontinental in a report on Tuesday, December 9th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Transcontinental in a research report on Friday, December 12th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Transcontinental has a consensus rating of “Moderate Buy”.

Transcontinental Stock Performance

The company’s 50 day moving average is $16.79 and its 200-day moving average is $15.21.

Transcontinental Company Profile

Transcontinental Inc is a Canada-based company specializing in printing and flexible packaging solutions. Through its print segment, the company provides commercial printing, specialty media and label products for a range of industries, including publishing, retail and healthcare. Its flexible packaging segment designs and manufactures printed and laminated films, pouches, wrappers and labels used primarily in food and beverage, personal care, home care and pharmaceutical markets.

Founded in 1976 by Rémi Marcoux, Transcontinental has evolved from a regional printing operation into one of North America’s largest printers and a leading flexible-packaging manufacturer.