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

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:01PM CDT

Today in trading, shares of Tree Island Steel Ltd opened at $2.68 and closed at $2.59. Intraday prices ranged from a low of $2.59 to a high of $2.68.

The price shrank -3.36 percent from the previous day's close of $2.68.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

A total of 7,510 shares was traded during the session, with total trades of 41, while having an average volume of 16,356 in the last five days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, TSL.TO has traded as high as $3.70 (March 06,2024) and low as $2.59 (August 07,2024). Moreover, in the last 52 weeks, Tree Island Steel Ltd's shares have decreased -16.99%, while they have reduced -24.93% since the start of 2024.

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 $70.08 million on a float of 26,148 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..