Closing Bell: Tree Island Steel Ltd down on Thursday (TSL)

In trading today, Tree Island Steel Ltd stock opened at $2.92 and closed at $2.92. prices ranged from a low of $2.92 to a high of $2.94.

The price eased -0.34% from the previous day's close of $2.93.

Today across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

Tree Island Steel Ltd traded under TSL on the Toronto Stock Exchange (TSX).

A total of 1,653 shares was traded during the session, with total trades of 9, with an average volume of 2,918 in the last five days.

Trading across the entire TSX saw 1,017 price advancers against 4,222 declines and 91 unchanged.

During the prior 52 weeks, TSL.TO has traded as high as $3.70 (March 06,2024) and low as $2.78 (December 07,2023). Moreover, the shares have eased -10.43 percent in the last 12 months, while in 2024, they have shrunken -15.36%.

It announced a 0.03 dividend on June 12/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Tree Island Steel Ltd has a market capitalization of $79.40 million on a float of 27,100 shares outstanding. Its annual EPS is $0.08.

Tree Island Steel Ltd is a TSX Steel company headquartered in Richmond, CAN.

Currently, Tree Island Steel Ltd's consensus rating is "Strong Sell" based on 0 analysts according to Zacks. Currently, there are for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..