Transcontinental Inc. (TSE:TCL.B – Get Free Report)’s stock price dropped 1.1% during trading on Friday. The stock traded as low as C$7.18 and last traded at C$7.18. 500 shares traded hands during trading, a decline of 90% from the average daily volume of 4,799 shares. The stock had previously closed at C$7.26.
Transcontinental Stock Performance
The company has a debt-to-equity ratio of 54.12, a quick ratio of 1.09 and a current ratio of 1.49. The company has a market cap of C$600.38 million, a price-to-earnings ratio of 1.80 and a beta of -0.18. The firm’s 50-day moving average price is C$6.51 and its 200 day moving average price is C$9.99.
Transcontinental Company Profile
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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