Tree Island Steel Ltd. (TSE:TSL – Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.68 and traded as low as C$2.40. Tree Island Steel shares last traded at C$2.42, with a volume of 10,261 shares changing hands.
Tree Island Steel Stock Performance
The stock has a market cap of C$62.10 million, a PE ratio of -11.43 and a beta of 0.18. The company has a debt-to-equity ratio of 25.63, a quick ratio of 1.75 and a current ratio of 3.30. The firm has a fifty day moving average price of C$2.55 and a 200 day moving average price of C$2.68.
Tree Island Steel (TSE:TSL – Get Free Report) last released its quarterly earnings data on Friday, May 15th. The company reported C($0.05) earnings per share (EPS) for the quarter. Tree Island Steel had a negative net margin of 4.20% and a negative return on equity of 5.86%. The firm had revenue of C$43.05 million for the quarter. Research analysts forecast that Tree Island Steel Ltd. will post 0.4054054 earnings per share for the current fiscal year.
Tree Island Steel Company Profile
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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