How to Buy Toughbuilt Industries Stock
Toughbuilt Industries Inc
ToughBuilt Industries, Inc. designs, develops, manufactures, and distributes home improvement and construction products for the building industry in the United States and internationally.
Toughbuilt Industries stock last closed at $2.54, up 7.17% from the previous day, and has decreased 95.73% in one year. It has underperformed other stocks in the Tools & Accessories industry by 0.98 percentage points. Toughbuilt Industries stock is currently +19.81% from its 52-week low of $2.12, and -96.41% from its 52-week high of $70.85.
At the moment, there are 567,926 shares of TBLT outstanding. The market value of TBLT is $1.44M. In the last 24 hours, 47,394 TBLT shares were traded.
How to Buy Toughbuilt Industries Stock
Not sure how to invest in Toughbuilt Industries stock? Here's how.
- Decide where to buy Toughbuilt Industries stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Toughbuilt Industries stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Pick your payment method and add your info.
- Research Toughbuilt Industries stock: The Toughbuilt Industries ticker symbol is TBLT. Is Toughbuilt Industries stock a good investment? Should you buy shares of TBLT? How do TBLT's underlying business fundamentals look? Do top analysts think Toughbuilt Industries is a good buy? Why has TBLT's stock price moved recently? (Hint: Our stock market research website can help you decide if TBLT is a good stock to buy).
- Execute your TBLT purchase: Decide if you will purchase TBLT shares at the current market price or use a limit order to buy TBLT stock at a specific price.
- Keep tabs on your TBLT investment: Create a watchlist to key updates about your position in Toughbuilt Industries shares.
Step 1: Decide where to buy Toughbuilt Industries stock
You will need a brokerage account in order to access the NASDAQ market and buy TBLT stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal information so you are able to invest in TBLT stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new brokerage account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've opened your account on a mobile trading app, you can securely and quickly fund your account:
Watch the video below if you need help depositing funds into your brokerage account.
Step 4: Research Toughbuilt Industries stock
Once you have selected the best place to buy Toughbuilt Industries stock, it's important to evaluate their stock prior to buying, so you can comprehend the risk as well as the upside.
Toughbuilt Industries shares at a glance
Toughbuilt Industries Zen Score
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on TBLT's stock page.
Is TBLT stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge TBLT's true value.
Using relative valuations ratios:
- TBLT may be undervalued based on its P/B ratio of 0.17x, relative to Tools & Accessories industry P/B ratio of 2.7x
You can access more valuation analysis on TBLT's stock here.
TBLT Financial Health Overview
Pros:
- Total TBLT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the TBLT balance sheet.
Cons:
- TBLT profit margin has gone down from -42.9% to -57.3% in the past year.
- TBLT has a relatively high debt to equity ratio of 6.8.
- TBLT has cash burn of 12405094. It does not have sufficient cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the TBLT balance sheet.
- TBLT has $1.83M in cash and short term investments. This is not enough to cover its annual cash burn of $12.41M.
You can dig deeper into what analysts are forecasting on the Toughbuilt Industries stock forecast page.
TBLT Momentum
How is TBLT performing as a company?
Last year, TBLT revenue was $89.62M. During the last five year, TBLT's revenue has gone up by 40.41% per year. This was faster than the Tools & Accessories industry average of 6.59%.
Dig into TBLT's earnings and revenue performance here.
What are TBLT executives and large shareholders up to?
Over the last year, insiders at TBLT have not bought or sold any shares.
Get more info about who owns TBLT stock here.
Does TBLT stock generate passive income?
No, Toughbuilt Industries doesn't provide an income stream by paying out dividends.
What do other investors have to say about TBLT?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your TBLT purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, place a limit order.
Press the Open button and your broker will place your order.
If you need more help buying stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your TBLT investment
Now that you own some TBLT shares, you'll want to keep up with your new shares.
Make a watchlist to get alerted to the latest events about your TBLT stock.
TBLT Feed
How to Buy Stock in Toughbuilt Industries
To reiterate, here are the 6 steps for buying Toughbuilt Industries stock:
- Decide where to buy Toughbuilt Industries stock
- Sign up for your brokerage account
- Fund your brokerage account
- Research Toughbuilt Industries stock
- Execute your TBLT purchase
- Keep tabs on your TBLT investment
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your investment in Toughbuilt Industries, click below.
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