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

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

In today's trading, shares of Tree Island Steel Ltd opened at $2.90 and closed at $2.90. It traded at a low of $2.78 to a high of $2.90.

The price dipped -1.36 percent from the previous day's close of $2.94.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 25,664 shares was traded during the session, with total trades of 52. On average, Tree Island Steel Ltd has traded 13,262 shares over 5 days and 9,241 year-to-date.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 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 -9.66 percent in the last 52 weeks, while in 2024, they have plummeted -15.94%.

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 $79.67 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.

Based on 0.00 analysts, Tree Island Steel Ltd gets an average recommendation of "Strong Sell" 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..