ToughBuilt Industries, Inc. designs, develops, manufactures, and distributes home improvement and construction products for the building industry in the United States and internationally. It offers tool pouches, tool rigs, tool belts and accessories, tools bags, totes, various storage solutions, and office organizers/bags for laptop/tablet/cellphones, etc.; and kneepads. The company also provides sawhorses, miter saws, table saws, roller stands, and workbenches; sawhorse/jobsite tables; and digital measure and levels. It offers its products under the TOUGHBUILT brand through various home improvement big box stores, professional outlets, and direct marketing to construction companies and trade/wholesale outlets. The company was formerly known as Phalanx, Inc. and changed its name to ToughBuilt Industries, Inc. in December 2015. ToughBuilt Industries, Inc. was incorporated in 2012 and is based in Lake Forest, California.
ToughBuilt Industries Price Performance
Shares of ToughBuilt Industries stock opened at $4.81 on Tuesday. The business has a 50-day moving average of $4.09 and a 200-day moving average of $30.94. The company has a market capitalization of $6.53 million, a PE ratio of -0.09 and a beta of 2.92. ToughBuilt Industries has a 1-year low of $1.34 and a 1-year high of $95.25.
ToughBuilt Industries (NASDAQ:TBLT - Get Rating) last announced its earnings results on Monday, May 23rd. The company reported ($14.04) earnings per share for the quarter. ToughBuilt Industries had a negative net margin of 58.14% and a negative return on equity of 81.11%. The business had revenue of $17.20 million for the quarter.