Could ToughBuilt Industries Inc. (TBLT)s Current Volatility Hinder Its Future Potential?
ToughBuilt Industries Inc. (NASDAQ:TBLT) has seen 1.16 million shares traded in the last trading session. The company, currently valued at $60.48M, closed the last trade at $0.76 per share which meant it gained $0.02 on the day or 3.05% during that session. The TBLT stock price is -134.21% off its 52-week high price of $1.78 and 22.37% above the 52-week low of $0.59. If we look at the companys 10-day average daily trading volume, we find that it stood at 1.6 million shares traded. The 3-month trading volume is 2.88 million shares. The consensus among analysts is that ToughBuilt Industries Inc. (TBLT) is a Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.06. ToughBuilt Industries Inc. (NASDAQ:TBLT) trade information  Sporting 3.05% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 06/11/21 when the TBLT stock price touched $0.76 or saw a rise of 5.87%. Year-to-date, ToughBuilt Industries Inc. shares have moved -3.69%, while the 5-day performance has seen it change 6.07%. Over the past 30 days, the shares of ToughBuilt Industries Inc. (NASDAQ:TBLT) have changed 19.20%. Short interest in the company has seen 0.63 million shares shorted with days to cover at 0.22. Wall Street analysts have a consensus price target for the stock at $2.00, which means that the shares value could jump 62.0% from current levels. The projected low price target is $2.00 while the price target rests at a high of $2.00. In that case, then, we find that the current price level is -163.16% off the targeted high while a plunge would see the stock gain -163.16% from current levels. ToughBuilt Industries Inc. (TBLT) estimates and forecasts  The companys shares have gained 2.70% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 47.10%. 1 analysts offering their estimates for the company have set an average revenue estimate of $13 million for the current quarter. 1 have an estimated revenue figure of $18 million for the next quarter concluding in Sep 2021. TBLT Dividends  ToughBuilt Industries Inc. is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the companys debt issue. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  ToughBuilt Industries Inc. (NASDAQ:TBLT)s Major holders  Insiders own 0.31% of the company shares, while shares held by institutions stand at 12.16% with a share float percentage of 12.20%. Investors are also buoyed by the number of investors in a company, with ToughBuilt Industries Inc. having a total of 26 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 3.11 million shares worth more than $2.92 million. As of Mar 30, 2021, Vanguard Group, Inc. (The) held 3.81% of shares outstanding. The other major institutional holder is Renaissance Technologies, LLC, with the holding of over 2.88 million shares as of Mar 30, 2021. The firms total holdings are worth over $2.71 million and represent 3.53% of shares outstanding. Also the top two Mutual Funds that are holding companys shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Mar 30, 2021, the former fund manager holds about 2.84% shares in the company for having 2.31 million shares of worth $2.18 million while later fund manager owns 0.67 million shares of worth $0.63 million as of Mar 30, 2021, which makes it owner of about 0.82% of companys outstanding stock.