Toughbuilt Industries Inc (NASDAQ:TBLT) is moving up in the pre-market session following the news. Investors seem to be excited about recent results. After six down days, TBLT may be bouncing here.
Market Action
As of 7:48, TBLT is trading higher by 21.49% at $0.7897. So far more than 1.8 million shares have exchanged hands.
TBLT Releases Earnings
Toughbuilt Industries Announces First Quarter 2021 Results
- Revenues for the first quarter of 2021 increased 214% to $12.3 million, compared to $3.9 million in the first quarter of 2020.
- GAAP gross profit increased 128% to $3.5 million, compared to $1.5 million in the first quarter of 2020. GAAP gross profit margins for the quarter were 28.2%, compared to 38.9% in the year ago period.
- Net loss attributable to common stockholders was $6.1 million, or $0.09 per share, as compared to a net loss of $5.0 million, or $0.43 per share in the first quarter of 2020.
- Cash and cash equivalents was $32.5 million as of March 31, 2021.
Trader Notes
Share Information
| SHARES OUTSTANDING | 81.62 M |
| SHARE FLOAT (%) | 78.07 M (95.65%) |
| % HELD BY INSTITUTIONS | 11.47 |
Recent Stock Performance
| 5-DAY PERF. | -6.20% |
| 1-MONTH PERF. | -10.12% |
| 3-MONTH PERF. | -54.55% |
| 6-MONTH PERF. | -18.55% |
| YTD PERF. | -18.03% |
| 1-YEAR PERF. | -45.84% |
Moving Averages
| +/- EMA(20) | 0.73 (-10.96%) |
| +/- SMA(50) | 0.90 (-27.78%) |
| +/- SMA(200) | 0.89 (-26.97%) |
Pivot Points
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
| Classic | 0.6000 | 0.6100 | 0.6300 | 0.6400 | 0.6600 | 0.6700 | 0.6900 |
| Fibonacci | 0.6100 | 0.6215 | 0.6285 | 0.6400 | 0.6515 | 0.6585 | 0.6700 |
Technical Indicators
| Symbol | Value | Result | Symbol | Value | Result |
| ADX | 29.6784 | Sell | ATR14 | 0.0641 | |
| CCI20 | -126.5815 | Sell | Chaikin Money Flow | -0.0555 | Sell |
| MACD | -0.0846 | Sell | Money Flow Index | 35.5445 | Sell |
| ROC | -16.5811 | Sell | RSI | 35.4041 | Buy |
| STOCH (14,3) | 26.0870 | Sell | STOCH RSI | 0.7265 | Buy |
| UO | 45.0958 | Buy | Williams %R | -73.9130 | Neutral |
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