CCL Industries (TSE:CCL.A) Announces Quarterly Earnings Results

CCL Industries (TSE:CCL.A) posted its earnings results on Wednesday. The company reported C$1.35 EPS for the quarter, FiscalAI reports. The business had revenue of C$2.11 billion during the quarter. CCL Industries had a net margin of 9.80% and a return on equity of 14.28%.

CCL Industries Stock Performance

Shares of CCL.A stock traded down C$1.13 on Wednesday, reaching C$90.87. The stock had a trading volume of 100 shares, compared to its average volume of 644. The stock has a market cap of C$15.62 billion, a P/E ratio of 19.88 and a beta of 0.49. CCL Industries has a 1 year low of C$75.99 and a 1 year high of C$93.03. 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 50 day simple moving average of C$89.85 and a 200 day simple moving average of C$87.86.

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.