Multi-Color Corp. (LABL) experienced unusually high volume on Feb. 10, as the stock lost 15.08% to a closing price of $41.06. The stock saw 576,496 shares trade hands over the course of the day on 4,334 trades. Given that the stock’s average daily volume over the last month has been 158,283 shares a day, this represents a pretty substantial spike over the norm.
Multi-Color Corp. has a P/B ratio of 2.22. It also has a P/E ratio of 16. The stock has traded between $80.24 and $48.04 over the last 52-weeks, its 50-day SMA is now $61.20, and its 200-day SMA $65.17.
Multi-Color Corp provides label solutions for home & personal care, liquor, food & beverage, healthcare & consumer products. It also provides print methods including flexographic, lithographic, rotogravure, letterpress & in-house pre-press services.
Headquartered in Batavia, OH, Multi-Color Corp. has 3,550 employees and is currently under the leadership of CEO Vadis Rodato.
For a complete fundamental analysis analysis of Multi-Color Corp., check out Equities.com’s Stock Valuation Analysis report for LABL. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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