CCL Industries (OTCMKTS:CCDBF) Reaches New 1-Year High – What’s Next?

CCL Industries Inc. (OTCMKTS:CCDBFGet Free Report)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $64.33 and last traded at $64.33, with a volume of 100 shares traded. The stock had previously closed at $62.3350.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets reiterated an “outperform” rating on shares of CCL Industries in a research note on Thursday, December 18th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, CCL Industries currently has a consensus rating of “Buy”.

Read Our Latest Analysis on CCDBF

CCL Industries Stock Performance

The company has a 50-day moving average of $59.05 and a 200 day moving average of $58.05.

CCL Industries Company Profile

(Get Free Report)

CCL Industries is a global specialty packaging company focused on the design and manufacture of pressure-sensitive and speciality labels, flexible packaging, tubes, and security products. The company serves a wide range of end markets, including consumer goods, healthcare, personal care, food and beverage, automotive, electronics, and industrial markets. Its portfolio comprises pressure-sensitive labels, shrink sleeves, in-mold labels, flexible packaging for food and other consumer products, and security-focused solutions such as tamper-evident seals and authentication systems.

Founded in 1951 and headquartered in Toronto, Ontario, CCL Industries has grown through a combination of organic innovation and strategic acquisitions.

Further Reading

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