How Will the Market React to Toughbuilt Industries Inc (TBLT) Stock Getting a Neutral Rating

Toughbuilt Industries Inc (TBLT) stock is unmoved 0.00% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Toughbuilt Industries Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on TBLT!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With TBLT Stock Today?

Toughbuilt Industries Inc (TBLT) stock has risen 0.9% while the S&P 500 is down -0.64% as of 12:02 PM on Monday, Jan 30. TBLT is up $0.02 from the previous closing price of $2.15 on volume of 148,748 shares. Over the past year the S&P 500 is down -10.43% while TBLT is down -94.83%. TBLT lost -$40.76 per share in the over the last 12 months.

More About Toughbuilt Industries Inc

ToughBuilt Industries Inc designs and distributes home improvement and construction product lines under the brand name TOUGHBUILT. Its major categories contain a total of approximately 11 product lines, consisting of Soft Goods, which includes kneepads, tool bags, pouches and tool belts; Metal Goods, which consists of sawhorses, tool stands and workbench and; Utility Products, which includes utility knives, aviation snips, shears, lasers and levels. Geographically, the group derives revenue from Australia, Canada, Europe, USA and other countries, of which prime revenue is derived from the USA. Click Here to get the full Stock Report for Toughbuilt Industries Inc stock.