CCL Industries (OTCMKTS:CCDBF – Get Free Report) released its quarterly earnings data on Tuesday. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.93 by $0.04, Zacks reports. CCL Industries had a net margin of 10.27% and a return on equity of 14.75%.
CCL Industries Stock Performance
Shares of CCDBF traded up $0.18 during midday trading on Tuesday, reaching $70.60. 27,148 shares of the stock were exchanged, compared to its average volume of 18,575. The stock’s 50 day simple moving average is $67.96 and its 200 day simple moving average is $64.88. The company has a market cap of $10.94 billion and a P/E ratio of 27.26. CCL Industries has a twelve month low of $50.95 and a twelve month high of $75.17. The company has a quick ratio of 1.01, a current ratio of 1.39 and a debt-to-equity ratio of 0.35.
Wall Street Analyst Weigh In
Several analysts recently commented on the stock. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of CCL Industries in a report on Tuesday, October 27th. Royal Bank Of Canada reissued an “outperform” rating on shares of CCL Industries in a report on Friday, August 14th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
Get Our Latest Analysis on CCL Industries
About CCL Industries
CCL Industries is a Canadian company that develops and manufactures specialty labels, packaging materials and related products for customers across a range of industries. Its offerings include pressure-sensitive labels, shrink sleeves, in-mold labels, tags and RFID-enabled solutions used to identify, decorate and track products. The company also makes specialty films and materials, and provides consumer and retail products such as labels and office supplies through its Avery business. Its Checkpoint operations offer loss-prevention and inventory-management solutions for retailers.
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