Shares of Tree Island Steel Ltd. (TSE:TSL – Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$2.65 and traded as high as C$2.79. Tree Island Steel shares last traded at C$2.75, with a volume of 2,000 shares changing hands.
Tree Island Steel Trading Up 0.7%
The stock has a market capitalization of C$71.38 million, a P/E ratio of -13.75 and a beta of 0.16. The company has a debt-to-equity ratio of 21.28, a current ratio of 5.14 and a quick ratio of 1.75. The business’s 50 day simple moving average is C$2.65 and its 200-day simple moving average is C$2.57.
Tree Island Steel Company Profile
Tree Island Steel Ltd operates in the steel business. It is engaged in the manufacturing and sale of steel wire and related products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products.
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