ToughBuilt Industries Inc. (TBLT): Skating on Thin Ice? We Know the Answer

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ToughBuilt Industries Inc. (NASDAQ:TBLT) went down by -0.06% from its latest closing price compared to the recent 1-year high of $4.80. The company’s stock price has collected -0.27% of loss in the last five trading sessions. Press Release reported on 08/25/20 that TOUGHBUILT(TM) LAUNCHES 64 PRODUCTS WITH CANADIAN BASED RONA

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Is It Worth Investing in ToughBuilt Industries Inc. (NASDAQ :TBLT) Right Now?

Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for ToughBuilt Industries Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”

The average price from analysts is $2.00. TBLT currently public float of 38.15M and currently shorts hold a 7.75% ratio of that float. Today, the average trading volume of TBLT was 2.27M shares.

TBLT’s Market Performance

TBLT stocks went down by -0.27% for the week, with a monthly jump of 31.73% and a quarterly performance of 14.80%, while its annual performance rate touched -74.56%. The volatility ratio for the week stands at 6.95% while the volatility levels for the past 30 days are set at 7.30% for ToughBuilt Industries Inc.. The simple moving average for the period of the last 20 days is 13.59% for TBLT stocks with a simple moving average of -33.29% for the last 200 days.

TBLT Trading at 19.02% from the 50-Day Moving Average

After a stumble in the market that brought TBLT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -82.30% of loss for the given period.

Volatility was left at 7.30%, however, over the last 30 days, the volatility rate increased by 6.95%, as shares surge +33.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.44% upper at present.

During the last 5 trading sessions, TBLT fell by -0.27%, which changed the moving average for the period of 200-days by -57.46% in comparison to the 20-day moving average, which settled at $0.7586. In addition, ToughBuilt Industries Inc. saw -57.52% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for TBLT

Current profitability levels for the company are sitting at:

  • -44.95 for the present operating margin
  • +29.41 for the gross margin

The net margin for ToughBuilt Industries Inc. stands at -22.53. Equity return is now at value -183.50, with -74.30 for asset returns.

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Based on ToughBuilt Industries Inc. (TBLT), the company’s capital structure generated 134.57 points at debt to equity in total, while total debt to capital is 57.37.

When we switch over and look at the enterrpise to sales, we see a ratio of 0.80, with the company’s debt to enterprise value settled at 0.28. The receivables turnover for the company is 4.12 and the total asset turnover is 1.98. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.27.

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