ToughBuilt Industries Inc. (NASDAQ:TBLT) went down by -51.48% from its latest closing price compared to the recent 1-year high of $187.50. The company’s stock price has collected -62.81% of loss in the last five trading sessions. The Wall Street Journal reported on 07/12/21 that Virgin Galactic, Didi, Lionheart Acquisition: What to Watch When the Stock Market Opens Today
Is It Worth Investing in ToughBuilt Industries Inc. (NASDAQ :TBLT) Right Now?
Plus, the 36-month beta value for TBLT is at 1.43. 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 $225.00, which is $223.52 above the current price. TBLT currently public float of 1.01M and currently shorts hold a 11.16% ratio of that float. Today, the average trading volume of TBLT was 184.60K shares.
TBLT’s Market Performance
TBLT stocks went down by -62.81% for the week, with a monthly drop of -81.10% and a quarterly performance of -94.94%, while its annual performance rate touched -98.75%. The volatility ratio for the week stands at 16.66% while the volatility levels for the past 30 days are set at 17.43% for ToughBuilt Industries Inc. The simple moving average for the period of the last 20 days is -70.13% for TBLT stocks with a simple moving average of -96.70% for the last 200 days.
TBLT Trading at -87.50% 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 -99.21% of loss for the given period.
Volatility was left at 17.43%, however, over the last 30 days, the volatility rate increased by 16.66%, as shares sank -80.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -93.89% lower at present.
During the last 5 trading sessions, TBLT fell by -62.81%, which changed the moving average for the period of 200-days by -98.29% in comparison to the 20-day moving average, which settled at $4.6535. In addition, ToughBuilt Industries Inc. saw -97.30% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at TBLT starting from Panosian Michael, who purchase 263,365 shares at the price of $0.38 back on Dec 16. After this action, Panosian Michael now owns 445,496 shares of ToughBuilt Industries Inc., valued at $100,737 using the latest closing price.
Stock Fundamentals for TBLT
Current profitability levels for the company are sitting at:
- -56.12 for the present operating margin
- +27.30 for the gross margin
The net margin for ToughBuilt Industries Inc. stands at -53.59. Equity return is now at value -76.10, with -56.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.08.