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

CCL Industries Inc. (TSE:CCL.A) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$88.89 and traded as high as C$91.49. CCL Industries shares last traded at C$91.49, with a volume of 100 shares.

CCL Industries Stock Performance

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 stock has a fifty day simple moving average of C$88.89 and a two-hundred day simple moving average of C$87.44. The firm has a market capitalization of C$15.72 billion, a P/E ratio of 20.02 and a beta of 0.48.

CCL Industries (TSE:CCL.A) last posted its quarterly earnings results on Wednesday, May 13th. The company reported C$1.20 earnings per share (EPS) for the quarter. The firm had revenue of C$1.94 billion for the quarter. CCL Industries had a return on equity of 14.28% and a net margin of 9.80%. On average, research analysts predict that CCL Industries Inc. will post 4.6352097 EPS for the current year.

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.