CCL Industries (OTCMKTS:CCDBF) Shares Gap Up – What’s Next?

by · The Cerbat Gem

CCL Industries Inc. (OTCMKTS:CCDBF – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $59.8320, but opened at $63.12. CCL Industries shares last traded at $63.12, with a volume of 5 shares traded.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets reiterated an “outperform” rating on shares of CCL Industries in a research note on Thursday. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

View Our Latest Stock Report on CCL Industries

CCL Industries Stock Up 1.6%

The stock has a 50 day simple moving average of $58.33 and a 200-day simple moving average of $57.89.

About CCL Industries

(Get Free Report)

CCL Industries Inc manufactures and sells labels, consumer printable media products, technology-driven label solutions, polymer banknote substrates, and specialty films. It operates through CCL, Avery, Checkpoint, and Innovia segments. The CCL segment converts pressure sensitive and extruded film materials for a range of decorative, instructional, security, and functional applications for government institutions and global customers in consumer packaging, healthcare, chemicals, consumer durables, electronic device, and automotive markets.

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