CCL Industries Inc. (TSE:CCL.B) Senior Officer James Andrew Sellors sold 9,360 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of C$57.87, for a total transaction of C$541,663.20. Following the completion of the transaction, the insider now directly owns 81,590 shares in the company, valued at C$4,721,613.30.
CCL.B stock opened at C$56.99 on Tuesday. The company has a quick ratio of 1.37, a current ratio of 1.87 and a debt-to-equity ratio of 91.67. CCL Industries Inc. has a 12 month low of C$47.32 and a 12 month high of C$68.49. The firm has a market cap of $9.45 billion and a P/E ratio of 20.95. The company’s 50-day moving average price is C$55.34 and its two-hundred day moving average price is C$59.66.
CCL.B has been the topic of several recent analyst reports. Royal Bank of Canada decreased their target price on shares of CCL Industries from C$71.00 to C$69.00 and set an “outperform” rating on the stock in a report on Wednesday, November 13th. BMO Capital Markets raised their target price on shares of CCL Industries from C$68.00 to C$70.00 in a report on Friday, August 9th. Finally, CIBC decreased their target price on shares of CCL Industries from C$68.00 to C$67.00 in a report on Wednesday, November 13th.
CCL Industries Inc manufactures and sells labels, containers, consumer printable media products, technology driven label solutions, polymer bank note substrates, and specialty films. The company operates through four segments: CCL, Avery, Checkpoint, and Innovia. The CCL segment offers pressure sensitive and specialty extruded film materials for decorative, instructional, functional, and security applications in the consumer packaging, healthcare, chemicals, consumer electronic device, and automotive markets.
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