In last trading session, ToughBuilt Industries, Inc. (NASDAQ:TBLT) saw 1,653,855 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $0.85 trading at -$0.03 or -3.5% at ring of the bell on the day assigns it a market valuation of $32.65 Million. That closing price of TBLT’s stock is at a discount of -464.71% from its 52-week high price of $4.8 and is indicating a premium of 26.94% from its 52-week low price of $0.621. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.38 Million shares which gives us an average trading volume of 2.29 Million if we extend that period to 3-months.
For ToughBuilt Industries, Inc. (TBLT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2. Splitting up the data highlights that, out of 1 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 1 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.09 in the current quarter.
ToughBuilt Industries, Inc. (NASDAQ:TBLT) trade information
In the face of being in the red today for losing -3.5%, in the last five days TBLT remained trading in the green while hitting it’s week-highest on Monday, Oct 12 when the stock touched $0.92 price level, adding 7.61% to its value on the day. ToughBuilt Industries, Inc.’s shares saw a change of -57.5% in year-to-date performance and have moved 4.96% in past 5-day. ToughBuilt Industries, Inc. (NASDAQ:TBLT) showed a performance of 33.23% in past 30-days. Number of shares sold short was 2.99 Million shares which calculate 1.31 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $2 to the stock, which implies a rise of 135.29% to its current value. Analysts have been projecting $2 as a low price target for the stock while placing it at a high target of $2. It follows that stock’s current price would jump +135.29% in reaching the projected high whereas dropping to the targeted low would mean a loss of 135.29% for stock’s current value.
ToughBuilt Industries, Inc. (TBLT) estimates and forecasts
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $6Million for the same. And 1 analysts are in estimates of company making revenue of $11Million in the next quarter that will end in December 01, 2020.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -29.8% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 95.8% while estimates for its earnings growth in next 5 years are of 0%