Richards Packaging Income Fund (TSE:RPI.UN) Stock Passes Above 50 Day Moving Average – Time to Sell?

Shares of Richards Packaging Income Fund (TSE:RPI.UNGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$28.06 and traded as high as C$31.29. Richards Packaging Income Fund shares last traded at C$31.11, with a volume of 32,199 shares.

Richards Packaging Income Fund Stock Down 0.6%

The firm has a fifty day moving average price of C$28.06 and a 200-day moving average price of C$29.08. The company has a quick ratio of 0.61, a current ratio of 1.62 and a debt-to-equity ratio of 24.16. The firm has a market cap of C$340.97 million, a price-to-earnings ratio of 9.51 and a beta of 0.47.

Richards Packaging Income Fund Company Profile

(Get Free Report)

Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging products in Canada and the United States. It offers plastic and glass containers, and metal and plastic closures. The company also distributes various injection molded containers and packaging systems, as well as offers design and development, and logistics management services.

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