Shares of Tree Island Steel Ltd. (TSE:TSL – Get Free Report) crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of C$2.42 and traded as high as C$2.48. Tree Island Steel shares last traded at C$2.46, with a volume of 4,670 shares.
Tree Island Steel Stock Down 1.6%
The company has a debt-to-equity ratio of 28.61, a current ratio of 2.95 and a quick ratio of 1.75. The stock has a market capitalization of C$63.06 million, a P/E ratio of -9.04 and a beta of 0.48. The firm has a 50 day moving average of C$2.43 and a 200-day moving average of C$2.43.
Tree Island Steel (TSE:TSL – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported C($0.01) EPS for the quarter. Tree Island Steel had a negative return on equity of 6.25% and a negative net margin of 4.34%.The firm had revenue of C$48.55 million during the quarter. On average, equities research analysts expect that Tree Island Steel Ltd. will post 0.4054054 earnings per share for the current fiscal year.
About Tree Island Steel
Tree Island Steel, headquartered in Richmond, British Columbia, since 1964, through its operating facilities in Canada and the United States, produces wire products for a diverse range of industrial, residential construction, commercial construction and agricultural applications. Its products include galvanized wire, bright wire; a broad array of fasteners, including packaged, collated and bulk nails; stucco reinforcing products; concrete reinforcing mesh; fencing and other fabricated wire products.
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