Tree Island Steel Ltd. (TSE:TSL - Get Free Report)'s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$2.77 and traded as high as C$2.89. Tree Island Steel shares last traded at C$2.89, with a volume of 300 shares.
Tree Island Steel Price Performance
The firm has a market cap of C$75.57 million, a P/E ratio of 57.80 and a beta of 0.96. The stock's 50-day moving average is C$2.78 and its 200-day moving average is C$2.88. The company has a quick ratio of 1.75, a current ratio of 5.39 and a debt-to-equity ratio of 21.10.
Tree Island Steel Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 27th were paid a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.12 annualized dividend and a yield of 4.15%. Tree Island Steel's dividend payout ratio is 240.00%.
Tree Island Steel Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Tree Island Steel, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tree Island Steel wasn't on the list.
While Tree Island Steel currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
