Shares of Tree Island Steel Ltd. (TSE:TSL - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$2.93 and traded as high as C$3.07. Tree Island Steel shares last traded at C$3.05, with a volume of 9,700 shares traded.
Tree Island Steel Stock Performance
The stock has a market cap of C$79.76 million, a price-to-earnings ratio of 61.00 and a beta of 0.96. The company has a current ratio of 5.39, a quick ratio of 1.75 and a debt-to-equity ratio of 21.10. The firm has a fifty day simple moving average of C$2.93 and a 200-day simple moving average of C$2.86.
Tree Island Steel Company Profile
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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.
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