Let’s start up with the current stock price of ToughBuilt Industries Inc. (TBLT), which is $1.00 to be very precise. The Stock rose vividly during the last session to $1.01 after opening rate of $0.99 while the lowest price it went was recorded $0.955 before closing at $0.93.
Recently in News on December 22, 2020, TOUGHBUILT™ LAUNCHES 11 NEW HAND TOOLS AT LOWE’S. ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today announced the launch of Cutting products consisting of Shears, Knives and Aviation Snips, at Lowe’s USA stores. You can read further details here
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ToughBuilt Industries Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.0100 on 01/11/21, with the lowest value was $0.7999 for the same time period, recorded on 01/04/21.
ToughBuilt Industries Inc. (TBLT) full year performance was -73.01%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, ToughBuilt Industries Inc. shares are logging -79.17% during the 52-week period from high price, and 61.03% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.62 and $4.80.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 8375069 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the ToughBuilt Industries Inc. (TBLT) recorded performance in the market was 26.10%, having the revenues showcasing 18.34% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 36.61M, as it employees total of 24 workers.
Analysts verdict on ToughBuilt Industries Inc. (TBLT)
During the last month, 0 analysts gave the ToughBuilt Industries Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.7606, with a change in the price was noted +0.2401. In a similar fashion, ToughBuilt Industries Inc. posted a movement of +31.60% for the period of last 100 days, recording 2,186,313 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TBLT is recording 0.14 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
ToughBuilt Industries Inc. (TBLT): Technical Analysis
Raw Stochastic average of ToughBuilt Industries Inc. in the period of last 50 days is set at 97.06%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 96.36%. In the last 20 days, the company’s Stochastic %K was 82.68% and its Stochastic %D was recorded 76.30%.
Let’s take a glance in the erstwhile performances of ToughBuilt Industries Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 26.10%. Additionally, trading for the stock in the period of the last six months notably improved by 47.06%, alongside a downfall of -73.01% for the period of the last 12 months. The shares increased approximately by 17.66% in the 7-day charts and went down by 34.48% in the period of the last 30 days. Common stock shares were driven by 18.34% during last recorded quarter.