Tandy Leather Factory (NASDAQ:TLF) Share Price Passes Below 200-Day Moving Average of $0.00

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Tandy Leather Factory, Inc. (NASDAQ:TLF) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as low as $5.75. Tandy Leather Factory shares last traded at $5.98, with a volume of 16,263 shares.

Separately, ValuEngine upgraded shares of USINAS SIDERURG/S from a “sell” rating to a “hold” rating in a research report on Wednesday, May 29th.

The company has a quick ratio of 2.52, a current ratio of 6.34 and a debt-to-equity ratio of 0.06. The firm has a market cap of $50.82 million, a price-to-earnings ratio of 14.22 and a beta of 0.63. The firm has a 50-day moving average of $5.63.

Tandy Leather Factory (NASDAQ:TLF) last announced its earnings results on Wednesday, May 8th. The textile maker reported $0.10 earnings per share (EPS) for the quarter. The business had revenue of $20.79 million for the quarter. Tandy Leather Factory had a net margin of 1.87% and a return on equity of 6.13%.

About Tandy Leather Factory (NASDAQ:TLF)

Tandy Leather Factory, Inc operates as a retailer and wholesale distributor of a range of leather and leathercraft related items in North America and internationally. The company offers leather, quality tools, hardware, small machines, accessories, liquids, lace, kits, open workbenches, and teaching materials.

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