Transcontinental Inc. (TSE:TCL.B – Get Free Report)’s share price shot up 4.6% on Thursday. The stock traded as high as C$6.56 and last traded at C$6.56. Approximately 400 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 4,971 shares. The stock had previously closed at C$6.27.
Transcontinental Stock Performance
The firm has a market capitalization of C$548.54 million, a P/E ratio of 1.65 and a beta of 0.02. The company has a current ratio of 1.49, a quick ratio of 1.09 and a debt-to-equity ratio of 54.12. The company has a 50-day moving average of C$6.50 and a 200-day moving average of C$6.74.
Transcontinental Company Profile
Transcontinental, or TC Transcontinental, is a Canadian printer and flexible packaging provider that operates in three segments: packaging, printing, and other. Its packaging segment features the production of different plastic products geared toward consumer goods. Production plants specialize in extrusion, lamination, printing, and converting. The company offers premedia, printing, and distribution services through the printing segment. Publishers, retailers, cataloguers, and marketers are some of the customers who tap TC Transcontinental for these printing solutions.
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