CCL Industries (TSE:CCL.A) Share Price Crosses Above 50-Day Moving Average – Should You Sell?

Shares of CCL Industries Inc. (TSE:CCL.A) passed 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 Price Performance

The firm has a market cap of C$15.72 billion, a PE ratio of 20.02 and a beta of 0.48. 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’s fifty day moving average price is C$89.07 and its 200-day moving average price is C$87.49.

CCL Industries (TSE:CCL.A) last released its quarterly earnings data on Wednesday, May 13th. The company reported C$1.20 EPS for the quarter. CCL Industries had a net margin of 9.80% and a return on equity of 14.28%. The company had revenue of C$1.94 billion during the quarter. As a group, equities analysts expect that CCL Industries Inc. will post 4.6352097 EPS for the current fiscal year.

About CCL Industries

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.