Transcontinental (TSE:TCL.B) Stock Passes Above 50-Day Moving Average – Should You Sell?

by · The Cerbat Gem

Transcontinental Inc. (TSE:TCL.B – Get Free Report)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$20.57 and traded as high as C$23.11. Transcontinental shares last traded at C$23.11, with a volume of 665 shares traded.

Transcontinental Stock Performance

The company has a market cap of C$1.93 billion, a P/E ratio of 11.33 and a beta of 0.57. The company has a quick ratio of 1.09, a current ratio of 1.49 and a debt-to-equity ratio of 54.12. The stock’s 50-day moving average price is C$20.66 and its 200 day moving average price is C$20.24.

Transcontinental Company Profile

(Get Free Report)

Transcontinental Inc, operating as TC Transcontinental, is a Montreal-based packaging, commercial printing and specialty media company. The company was established in 1976 as a direct marketing company, and later expanded into newspaper printing, and eventually publishing of newspapers and magazines.

See Also