Transcontinental (TSE:TCL.B) Shares Up 2.1%

Transcontinental Inc. (TSE:TCL.B) shares shot up 2.1% during mid-day trading on Thursday . The company traded as high as C$16.00 and last traded at C$15.98, 832 shares were traded during mid-day trading. An increase of 46% from the average session volume of 569 shares. The stock had previously closed at C$15.65.

The company has a debt-to-equity ratio of 87.44, a quick ratio of 0.84 and a current ratio of 1.33. The stock has a market capitalization of $223.39 million and a price-to-earnings ratio of 10.23. The stock has a fifty day moving average price of C$15.25.

Transcontinental Company Profile (TSE:TCL.B)

Transcontinental Inc engages in flexible packaging business in Canada, the United States, Latin America, the United Kingdom, Australia, and New Zealand. It operates through three segments: Packaging, Printing, and Media. The Packaging segment engages in extrusion, lamination, printing, and converting activities, as well as offers flexible plastic and paper products, including rollstock, bags and pouches, coextruded films, shrink films and bags, and advanced coatings.

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