Richards Packaging Income Fund (TSE:RPI.UN) Stock Crosses Below Fifty Day Moving Average of $42.99

Richards Packaging Income Fund (TSE:RPI.UN) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $42.99 and traded as low as $40.10. Richards Packaging Income Fund shares last traded at $40.10, with a volume of 6,814 shares.

The company has a market cap of $421.15 million and a price-to-earnings ratio of 18.60. The company has a current ratio of 1.36, a quick ratio of 0.51 and a debt-to-equity ratio of 81.95. The business has a fifty day moving average of C$42.93 and a two-hundred day moving average of C$39.98.

Richards Packaging Income Fund Company Profile (TSE:RPI.UN)

Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging products in Canada and the United States. It offers plastic and glass containers, and metal and plastic closures. The company also distributes various injection molded containers and packaging systems, as well as offers design and development, and logistics management services.

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