CCL Industries (TSE:CCL.A) Sets New 52-Week High – What’s Next?

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

CCL Industries Stock Up 5.0%

The company has a market cap of C$16.40 billion, a P/E ratio of 20.88 and a beta of 0.49. The stock has a 50-day moving average of C$89.98 and a 200 day moving average of C$87.90. The company has a debt-to-equity ratio of 48.08, a current ratio of 1.96 and a quick ratio of 1.31.

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

About CCL Industries

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.