CCL Industries (TSE:CCL.A) Reaches New 52-Week High – Here’s What Happened

Shares of CCL Industries Inc. (TSE:CCL.A) hit a new 52-week high during trading on Thursday . The company traded as high as C$95.43 and last traded at C$95.43, with a volume of 100 shares traded. The stock had previously closed at C$90.87.

CCL Industries Trading Up 0.0%

The company has a market capitalization of C$16.69 billion, a price-to-earnings ratio of 21.25 and a beta of 0.49. The company has a debt-to-equity ratio of 48.08, a quick ratio of 1.31 and a current ratio of 1.96. The business’s 50-day simple moving average is C$90.55 and its 200-day simple moving average is C$88.03.

CCL Industries (TSE:CCL.A) last issued its quarterly earnings results on Wednesday, August 12th. The company reported C$1.35 EPS for the quarter. CCL Industries had a net margin of 9.80% and a return on equity of 14.28%. The company had revenue of C$2.11 billion during the quarter. On average, research analysts expect that CCL Industries Inc. will post 4.6352097 earnings per share for the current fiscal year.

CCL Industries Company Profile

CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions.