CCL Industries (TSE:CCL.A) Sets New 12-Month High – What’s Next?

CCL Industries Inc. (TSE:CCL.A) hit a new 52-week high during trading on Tuesday . The company traded as high as C$93.03 and last traded at C$93.03, with a volume of 150 shares traded. The stock had previously closed at C$92.05.

CCL Industries Stock Performance

The company has a debt-to-equity ratio of 48.08, a quick ratio of 1.31 and a current ratio of 1.96. The firm’s 50 day moving average is C$86.75 and its 200-day moving average is C$86.81. The stock has a market capitalization of C$15.99 billion, a price-to-earnings ratio of 20.36 and a beta of 0.48.

CCL Industries (TSE:CCL.A) last announced its quarterly earnings results on Wednesday, May 13th. The company reported C$1.20 earnings per share (EPS) for the quarter. The firm had revenue of C$1.94 billion for the quarter. CCL Industries had a net margin of 9.80% and a return on equity of 14.28%. Analysts forecast that CCL Industries Inc. will post 4.6352097 earnings per share for the current fiscal 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.