TOUGHBUILT INDU/SH (NASDAQ:TBLT) Stock Price Up 5.1%
Shares of TOUGHBUILT INDU/SH (NASDAQ:TBLT) rose 5.1% during mid-day trading on Friday . The stock traded as high as $0.42 and last traded at $0.41, approximately 3,450,686 shares were traded during trading. An increase of 108% from the average daily volume of 1,655,466 shares. The stock had previously closed at $0.39.
The company’s fifty day moving average is $0.40.
TOUGHBUILT INDU/SH (NASDAQ:TBLT) last released its earnings results on Monday, May 13th. The company reported ($0.25) earnings per share (EPS) for the quarter. The firm had revenue of $5.02 million for the quarter.
Toughbuilt Industries, Inc designs, manufactures, and distributes home improvement and construction products for the building industry in the United States and internationally. The company offers tool pouches, tool rigs, tool belts and accessories, tools bags, totes, various storage solutions, and office organizers/bags for laptop/tablet/cellphones, etc.; and kneepads.
Further Reading: What does the Producer Price Index (PPI) tell investors?
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