Up More Than 35% Last week, is ToughBuilt Industries a Buy?

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However, its shares have slumped 11.1% year-to-date and 21.3% over the past three months. This decline can be primarily attributed to a substantial loss reported by the company in the first quarter of 2021.

TBLT’s stock is currently trading 60.4% below its all-time high of $1.78, indicating short-term bearishness. In addition, TBLT is currently trading below its 50-day and 200-day moving averages of $0.76 and $0.91, respectively, which indicates a downtrend.

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