Shares of Transcontinental Inc. (TSE:TCL.B – Get Free Report) were up 4.6% during mid-day trading on Thursday. The company traded as high as C$6.56 and last traded at C$6.56. Approximately 400 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 4,971 shares. The stock had previously closed at C$6.27.
Transcontinental Trading Up 4.6%
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 stock has a market capitalization of C$548.54 million, a price-to-earnings ratio of 1.65 and a beta of 0.02. The firm has a 50-day moving average of C$6.50 and a 200 day moving average of C$6.74.
About Transcontinental
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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