Tree Island Steel (TSE:TSL) Sets New 52-Week Low - What's Next?

Tree Island Steel Ltd. (TSE:TSL - Get Free Report)'s stock price reached a new 52-week low on Monday . The company traded as low as C$2.46 and last traded at C$2.50, with a volume of 11135 shares. The stock had previously closed at C$2.55.

Tree Island Steel Trading Down 0.4 %

The company has a debt-to-equity ratio of 21.28, a quick ratio of 1.75 and a current ratio of 5.14. The company has a market capitalization of C$66.70 million, a P/E ratio of -26.71 and a beta of 0.96. The company's fifty day simple moving average is C$2.84 and its 200-day simple moving average is C$2.87.

Tree Island Steel Company Profile

Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally. It offers low-carbon and high-carbon galvanized steel wires; clean and bright wire for industrial and original equipment manufacturer customers; agricultural products, including fencing, barbed wire, galvanized wire, and bright wire, as well as other fabricated wire products specifically for farming, ranching, and vineyards; welded wire concrete reinforcing mesh and other fabricated wire products for heavy construction industry and infrastructure projects; and nails and stucco reinforcing products for residential and light commercial construction.