Stock FAQs

why did toughbuilt stock drop

by Garret Treutel Published 3 years ago Updated 2 years ago
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The ToughBuilt stock fell after the company reported revenues for the year rose by 106% to $39.4 million, compared to $19 million in 2019. The company reported a net loss to common shareholders of $0.68 per share, compared to a loss of $2.08 per share in 2019. Gross Profit increased to $14.7 million, from $5.6 million in 2019.

What Caused TBLT to Fall? The ToughBuilt stock fell after the company reported revenues for the year rose by 106% to $39.4 million, compared to $19 million in 2019. The company reported a net loss to common shareholders of $0.68 per share, compared to a loss of $2.08 per share in 2019.Mar 29, 2021

Full Answer

Who holds toughbuilt industries (toughbuilt) stock?

Only 0.44% of the stock of ToughBuilt Industries is held by insiders. Only 6.17% of the stock of ToughBuilt Industries is held by institutions. Earnings for ToughBuilt Industries are expected to grow in the coming year, from ($0.19) to ($0.12) per share.

What are the price targets for toughbuilt industries'shares?

1 brokers have issued twelve-month price targets for ToughBuilt Industries' shares. Their forecasts range from $1.50 to $1.50. On average, they expect ToughBuilt Industries' share price to reach $1.50 in the next twelve months. This suggests a possible upside of 447.2% from the stock's current price.

What is the short interest in totaltoughbuilt industries (tbrx) stock?

ToughBuilt Industries saw a decrease in short interest in January. As of January 15th, there was short interest totaling 1,490,000 shares, a decrease of 27. 3% from the December 31st total of 2,050,000 shares. Based on an average daily trading volume, of 2,410,000 shares, the short-interest ratio is presently 0. 6 days.

Who owns targettoughbuilt industries (tbrw)?

ToughBuilt Industries' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (0.39%), Alterna Wealth Management Inc. (0.24%) and Northern Trust Corp (0.16%).

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Will ToughBuilt stock go up?

Toughbuilt Industries Inc (NASDAQ:TBLT) The 1 analysts offering 12-month price forecasts for Toughbuilt Industries Inc have a median target of 225.00, with a high estimate of 225.00 and a low estimate of 225.00. The median estimate represents a +15,102.70% increase from the last price of 1.48.

Will ToughBuilt stock recover?

The Toughbuilt Industries Inc. stock price fell by -3.03% on the last day (Monday, 18th Apr 2022) from $0.16 to $0.15. and has now fallen 3 days in a row....Predicted Opening Price for Toughbuilt Industries Inc. of Tuesday, April 19, 2022.Fair opening price April 19, 2022Current price$0.15$0.15 (Overvalued)

Is ToughBuilt a good company to invest?

ToughBuilt Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Is TBLT undervalued?

TBLT ($1.48) is significantly undervalued...

Will TBLT be delisted?

This current notification from Nasdaq has no immediate effect on the listing or trading of the Company's common stock, which will continue to trade on the Nasdaq Capital Market under the symbol "TBLT."

Is TBLT doing a reverse split?

ToughBuilt Industries (NASDAQ:TBLT) revealed Friday after market close its plan to execute a 1-for-150 reverse stock split of its common shares. The moves comes as part of company's strategy to regain compliance with Nasdaq's $1 minimum bid price requirement. Split is to be effective at 12:01 AM ET on Apr. 25, 2022.

Why is TBLT so low?

What Caused TBLT to Fall? The ToughBuilt stock fell after the company reported revenues for the year rose by 106% to $39.4 million, compared to $19 million in 2019. The company reported a net loss to common shareholders of $0.68 per share, compared to a loss of $2.08 per share in 2019.

When did ToughBuilt go public?

2018Since ToughBuilt Industries' initial public offering (IPO) in 2018, the Company has experienced significant growth fueled by the rapid expansion of our customer base and product offerings around the world.

Who owns TBLT?

Actinver Wealth Management, Inc.

What is TBLT stock?

ToughBuilt Industries (NASDAQ:TBLT) stock seems like it should be a winner in current economic times. The company focuses on making equipment and safety gear for construction workers and electricians, such as sawhorses, knee pads and tool pouches.

About ToughBuilt Industries

ToughBuilt Industries, Inc. designs, develops, manufactures, and distributes home improvement and construction products for the building industry in the United States and internationally.

ToughBuilt Industries (NASDAQ:TBLT) Frequently Asked Questions

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ToughBuilt Industries in the last twelve months. There are currently 1 buy rating for the stock.

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