Transcontinental (TSE:TCL.A) Stock Price Passes Above Two Hundred Day Moving Average of $14.94

Share on StockTwits

Transcontinental Inc. (TSE:TCL.A)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.94 and traded as high as $15.50. Transcontinental shares last traded at $15.12, with a volume of 97,687 shares.

Several research analysts have recently weighed in on TCL.A shares. Royal Bank of Canada decreased their price objective on shares of Transcontinental from C$26.00 to C$25.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. CIBC decreased their price objective on shares of Transcontinental from C$23.00 to C$20.00 in a report on Friday, September 6th. Canaccord Genuity decreased their price objective on shares of Transcontinental from C$21.00 to C$18.00 in a report on Friday, September 6th. National Bank Financial boosted their price objective on shares of Transcontinental from C$16.00 to C$16.50 and gave the company a “sector perform” rating in a report on Friday, September 6th. Finally, TD Securities boosted their price objective on shares of Transcontinental from C$22.00 to C$23.00 and gave the company a “buy” rating in a report on Friday, September 6th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Transcontinental presently has an average rating of “Buy” and an average price target of C$22.38.

The company has a quick ratio of 1.33, a current ratio of 2.28 and a debt-to-equity ratio of 85.94. The firm’s fifty day moving average price is C$15.24 and its two-hundred day moving average price is C$14.94. The stock has a market capitalization of $1.14 billion and a PE ratio of 11.01.

Transcontinental Company Profile (TSE:TCL.A)

Transcontinental Inc engages in flexible packaging business in Canada, the United States, Latin America, the United Kingdom, Australia, and New Zealand. It operates through three segments: Packaging, Printing, and Media. The Packaging segment engages in extrusion, lamination, printing, and converting activities, as well as offers flexible plastic and paper products, including rollstock, bags and pouches, coextruded films, shrink films and bags, and advanced coatings.

See Also: How Do You Calculate Return on Equity (ROE)?

Receive News & Ratings for Transcontinental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transcontinental and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Zacks: Brokerages Anticipate Kennametal Inc.  Will Post Quarterly Sales of $524.44 Million
Zacks: Brokerages Anticipate Kennametal Inc. Will Post Quarterly Sales of $524.44 Million
Analysts Expect Lannett Company, Inc.  Will Post Earnings of $0.27 Per Share
Analysts Expect Lannett Company, Inc. Will Post Earnings of $0.27 Per Share
PonziCoin Price Tops $0.0069 on Major Exchanges
PonziCoin Price Tops $0.0069 on Major Exchanges
BitScreener Token Achieves Market Capitalization of $37,003.00
BitScreener Token Achieves Market Capitalization of $37,003.00
DaTa eXchange Price Up 2.6% Over Last 7 Days
DaTa eXchange Price Up 2.6% Over Last 7 Days
Ardor  Price Down 8.2% This Week
Ardor Price Down 8.2% This Week


 
© 2006-2019 Zolmax.