ToughBuilt Industries Inc. [NASDAQ: TBLT] gained 6.25% or 0.05 points to close at $0.77 with a heavy trading volume of 5518661 shares. The company report on March 27, 2021 that ToughBuilt Industries Announces Fiscal 2020 Results.
Significant annual revenue growth of 106% to $39 million.
Serving United States, Canada, United Kingdom, Europe, Australia, New Zealand, and South Korea.
It opened the trading session at $0.74, the shares rose to $0.82 and dropped to $0.7101, the range by which the price of stock traded the whole day. The daily chart for TBLT points out that the company has recorded 12.00% gains over the past six months. However, it is still -24.19% lower than its most recent low trading price.
If we look at the average trading volume of 3.83M shares, TBLT reached to a volume of 5518661 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about ToughBuilt Industries Inc. [TBLT]:
The Average True Range (ATR) for ToughBuilt Industries Inc. is set at 0.07, with the Price to Sales ratio for TBLT stock in the period of the last 12 months amounting to 1.62. The Price to Book ratio for the last quarter was 1.57, with the Price to Cash per share for the same quarter was set at 0.03.
Trading performance analysis for TBLT stock
ToughBuilt Industries Inc. [TBLT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.91. With this latest performance, TBLT shares dropped by -24.51% in over the last four-week period, additionally plugging by 12.00% over the last 6 months – not to mention a drop of -35.83% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TBLT stock in for the last two-week period is set at 41.11, with the RSI for the last a single of trading hit 45.22, and the three-weeks RSI is set at 40.63 for ToughBuilt Industries Inc. [TBLT]. The present Moving Average for the last 50 days of trading for this stock 0.9720, while it was recorded at 0.7533 for the last single week of trading, and 0.8932 for the last 200 days.
ToughBuilt Industries Inc. [TBLT]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and ToughBuilt Industries Inc. [TBLT] shares currently have an operating margin of -36.48 and a Gross Margin at +29.79. ToughBuilt Industries Inc.’s Net Margin is presently recorded at -43.99.
Return on Total Capital for TBLT is now -104.61, given the latest momentum, and Return on Invested Capital for the company is -153.71. Return on Equity for this stock declined to -153.71, with Return on Assets sitting at -91.40. When it comes to the capital structure of this company, ToughBuilt Industries Inc. [TBLT] has a Total Debt to Total Equity ratio set at 3.05. Additionally, TBLT Total Debt to Total Capital is recorded at 2.96, with Total Debt to Total Assets ending up at 2.15.
Reflecting on the efficiency of the workforce at the company, ToughBuilt Industries Inc. [TBLT] managed to generate an average of -$333,627 per employee. Receivables Turnover for the company is 4.17 with a Total Asset Turnover recorded at a value of 2.08.ToughBuilt Industries Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 3.00.
ToughBuilt Industries Inc. [TBLT]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, ToughBuilt Industries Inc. posted -0.43/share EPS, while the average EPS was predicted by analysts to be reported at -0.3/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -43.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TBLT.
An analysis of insider ownership at ToughBuilt Industries Inc. [TBLT]
There are presently around $2 million, or 4.00% of TBLT stock, in the hands of institutional investors. The top three institutional holders of TBLT stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 1,017,300, which is approximately New of the company’s market cap and around 4.38% of the total institutional ownership; BARD ASSOCIATES INC, holding 815,551 shares of the stock with an approximate value of $0.63 million in TBLT stocks shares; and VANGUARD GROUP INC, currently with $0.18 million in TBLT stock with ownership of nearly 193.914% of the company’s market capitalization.
Positions in ToughBuilt Industries Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 10 institutional holders increased their position in ToughBuilt Industries Inc. [NASDAQ:TBLT] by around 1,283,424 shares. Additionally, 5 investors decreased positions by around 151,514 shares, while 1 investors held positions by with 807,291 shares. The mentioned changes placed institutional holdings at 2,242,229 shares, according to the latest SEC report filing. TBLT stock had 5 new institutional investments in for a total of 1,066,899 shares, while 5 institutional investors sold positions of 151,514 shares during the same period.