The stock of Tree Island Steel Ltd. (TSE:TSL) is a huge mover today! About 49,795 shares traded hands. Tree Island Steel Ltd. (TSE:TSL) has risen 42.90% since April 22, 2016 and is uptrending. It has outperformed by 36.89% the S&P500.
The move comes after 7 months positive chart setup for the $148.91 million company. It was reported on Nov, 28 by Barchart.com. We have $5.07 PT which if reached, will make TSE:TSL worth $8.93 million more.
More notable recent Tree Island Steel Ltd. (TSE:TSL) news were published by: Marketwired.com which released: “Tree Island Steel Ltd. to Acquire Assets of Irving Wire Products Corporation” on November 10, 2015, also Marketwired.com with their article: “Tree Island Steel Executive Announcement” published on July 27, 2016, Marketwired.com published: “Tree Island Steel Announces Full Year 2014 Results” on February 19, 2015. More interesting news about Tree Island Steel Ltd. (TSE:TSL) were released by: Stockhouse.com and their article: “Tree Island Steel Announces Third Quarter 2016 Results” published on November 03, 2016 as well as Valuewalk.com‘s news article titled: “Guy Gottfried At Capitalize For Kids: Long Tree Island Steel” with publication date: October 23, 2014.
Tree Island Steel Ltd. is a Canada-based maker and supplier of wire products for a range of applications. The company has a market cap of $148.91 million. The Firm is engaged in making products from steel wire for a range of clients for industrial, construction, agricultural and specialty applications. It has a 7.51 P/E ratio. The Company’s products include galvanized wire, bright wire, an array of fasteners, including packaged, collated and bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products.