Shares of Tree Island Steel Ltd. (TSE:TSL - Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$2.67 and traded as low as C$2.52. Tree Island Steel shares last traded at C$2.52, with a volume of 3,251 shares trading hands.
Tree Island Steel Stock Down 0.4%
The company's 50-day moving average is C$2.50 and its 200 day moving average is C$2.67. The company has a market capitalization of C$65.41 million, a PE ratio of -26.20 and a beta of 0.96. The company has a debt-to-equity ratio of 21.28, a quick ratio of 1.75 and a current ratio of 5.14.
Tree Island Steel Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 15th were given a dividend of $0.015 per share. This represents a $0.06 annualized dividend and a yield of 2.36%. The ex-dividend date was Monday, June 30th. Tree Island Steel's dividend payout ratio (DPR) is -123.77%.
About Tree Island Steel
(
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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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