Tree Island Steel Ltd. (TSE:TSL - Get Free Report) Senior Officer Nancy Adriana Davies purchased 5,000 shares of the business's stock in a transaction on Friday, November 22nd. The shares were purchased at an average price of C$2.92 per share, with a total value of C$14,580.00.
Tree Island Steel Stock Performance
TSL opened at C$2.92 on Friday. Tree Island Steel Ltd. has a 12-month low of C$2.48 and a 12-month high of C$3.70. The company has a market cap of C$76.36 million, a price-to-earnings ratio of 58.40 and a beta of 0.96. The company has a current ratio of 5.39, a quick ratio of 1.75 and a debt-to-equity ratio of 21.10. The company's 50 day moving average is C$2.81 and its 200 day moving average is C$2.87.
Tree Island Steel Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 27th were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.12 annualized dividend and a yield of 4.11%. Tree Island Steel's dividend payout ratio (DPR) is presently 240.00%.
About Tree Island Steel
(
Get Free Report)
📉 Warning: Market Crash Predicted - Secure Your Savings
From Behind the Markets | Ad
The last time the "Buffett Indicator" flashed this red was in 2000 - right before the market crashed 50%.
Take these 4 steps to protect your retirement here >>>
Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally. It offers low-carbon and high-carbon galvanized steel wires; clean and bright wire for industrial and original equipment manufacturer customers; agricultural products, including fencing, barbed wire, galvanized wire, and bright wire, as well as other fabricated wire products specifically for farming, ranching, and vineyards; welded wire concrete reinforcing mesh and other fabricated wire products for heavy construction industry and infrastructure projects; and nails and stucco reinforcing products for residential and light commercial construction.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
