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

In market activity today, Tree Island Steel Ltd shares closed at $2.94 after opening the day at $2.88. prices ranged from $2.88 to $2.94.

Shares advanced 1.73% from the previous day's close of $2.89.

Today across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Tree Island Steel Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker TSL.

Trading volume was 10,716 on 22 total trades. On average, Tree Island Steel Ltd has traded 8,371 shares over the last 5-days and 9,130 year-to-date.

The TSX overall saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, TSL.TO has traded as high as $3.70 (March 06,2024) and low as $2.75 (July 31,2024). Moreover, the shares have eased -8.41% in the last 52 weeks, while they have eased -14.78% this year.

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 $78.32 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..