Taiga Building Products (TSE:TBL) Trading 0.8% Higher – Here’s Why

Taiga Building Products Ltd. (TSE:TBLGet Free Report)’s share price was up 0.8% on Tuesday . The stock traded as high as C$3.69 and last traded at C$3.68. 4,005 shares were traded during mid-day trading, a decline of 23% from the average session volume of 5,175 shares. The stock had previously closed at C$3.65.

Taiga Building Products Trading Up 0.8%

The firm has a market cap of C$397.24 million, a PE ratio of 14.72 and a beta of 0.58. The business has a 50-day moving average price of C$3.69 and a two-hundred day moving average price of C$3.62. The company has a debt-to-equity ratio of 54.25, a current ratio of 2.54 and a quick ratio of 1.51.

Taiga Building Products (TSE:TBLGet Free Report) last released its quarterly earnings data on Friday, May 8th. The company reported C$0.08 EPS for the quarter. Taiga Building Products had a net margin of 1.75% and a return on equity of 9.04%.

About Taiga Building Products

(Get Free Report)

Taiga Building Products Ltd is a Canadian-based company. It is engaged in the production and wholesale distribution of building products. Its products range includes composite decking, engineered wood, flooring, insulation, lumber, modulings, panels, polyethylene, preserved wood, roofing, and siding. It also offers distribution logistics and treating plants services. Taiga is a global exporter with the majority of the revenue generated from Canada followed by the United States.

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