--- title: "Tree Island Steel (TSE:TSL) Stock Crosses Below 200-Day Moving Average - Here's What Happened" type: "News" locale: "en" url: "https://longbridge.com/en/news/274624607.md" description: "Tree Island Steel (TSE:TSL) shares fell below their 200-day moving average of C$2.68, trading at C$2.64 with a volume of 671 shares. The company reported a quarterly EPS of C($0.08) and a revenue of C$38.72 million. Analysts expect an EPS of 0.405 for the current fiscal year. Tree Island Steel operates in the steel industry, manufacturing products for various applications, primarily in the Industrial segment. Despite a Hold rating, analysts suggest other stocks may be better investment options." datetime: "2026-02-03T08:49:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/274624607.md) - [en](https://longbridge.com/en/news/274624607.md) - [zh-HK](https://longbridge.com/zh-HK/news/274624607.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/274624607.md) | [繁體中文](https://longbridge.com/zh-HK/news/274624607.md) # Tree Island Steel (TSE:TSL) Stock Crosses Below 200-Day Moving Average - Here's What Happened Tree Island Steel Ltd. (TSE:TSL - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.68 and traded as low as C$2.64. Tree Island Steel shares last traded at C$2.64, with a volume of 671 shares traded. Get **Tree Island Steel** alerts: ## Tree Island Steel Price Performance The stock has a market capitalization of C$68.40 million, a P/E ratio of -12.57 and a beta of 0.18. The company has a debt-to-equity ratio of 21.28, a quick ratio of 1.75 and a current ratio of 5.14. The firm has a fifty day moving average price of C$2.80 and a two-hundred day moving average price of C$2.68. Tree Island Steel (TSE:TSL - Get Free Report) last issued its quarterly earnings data on Thursday, November 13th. The company reported C($0.08) EPS for the quarter. Tree Island Steel had a negative return on equity of 2.01% and a negative net margin of 1.20%.The firm had revenue of C$38.72 million during the quarter. As a group, analysts expect that Tree Island Steel Ltd. will post 0.4054054 EPS for the current fiscal year. ## Tree Island Steel Company Profile (Get Free Report) Tree Island Steel Ltd operates in the steel business. It is engaged in the manufacturing and sale of steel wire and related products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products. The firm groups its products into the following: Industrial, Commercial, Agricultural, Construction, and Residential Construction. Key revenue is derived from the Industrial segment. The products are offered under Tree Island, Halsteel, K-Lath, True spec, Toughstrand, and Stucco-rite brands. ## Featured Stories - Five stocks we like better than Tree Island Steel - The day the gold market broke - Forget AI, This Will Be the Next Big Tech Breakthrough - ~$1.5T SpaceX IPO: Pre-IPO Opportunity - Gold’s getting scarce. - End of America Update _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Tree Island Steel Right Now? Before you consider Tree Island Steel, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tree Island Steel wasn't on the list. While Tree Island Steel currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [VanEck Steel ETF (SLX.US)](https://longbridge.com/en/quote/SLX.US.md) - [Guotai CSI Iron & Steel ETF (515210.CN)](https://longbridge.com/en/quote/515210.CN.md) ## Related News & Research - [Vietnam imposes temporary anti-dumping tariff of 27.83% on some Chinese hot-rolled steel products](https://longbridge.com/en/news/281599200.md) - [S.A.L. Steel boosts borrowing capacity with Rs 150 crore YES Bank facility and Rs 2,000 crore limit plan](https://longbridge.com/en/news/280883485.md) - [PTX Metals Inc. Defines Priority Drill Targets at Shining Tree Gold Project Following New Geophysical and Structural Analysis | PANXF Stock News](https://longbridge.com/en/news/281026947.md) - [Fever-Tree Confirms Total Voting Rights at 115.2 Million Shares](https://longbridge.com/en/news/281355520.md) - [Lemon Tree Deepens Gujarat Presence With New Vadodara Hotel](https://longbridge.com/en/news/280530775.md)