Tree Island Steel Ltd. (TSE:TSL – Get Free Report) shares crossed 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 Price Performance
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 company’s 50 day moving average price is C$2.65 and its 200 day moving average price is C$2.57. The firm has a market capitalization of C$71.38 million, a P/E ratio of -13.75 and a beta of 0.16.
About Tree Island Steel
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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