Taiga Building Products (TSE:TBL) Shares Up 1.1% – Should You Buy?

Taiga Building Products Ltd. (TSE:TBL) was up 1.1% on Tuesday . The company traded as high as C$3.65 and last traded at C$3.65. 1,617 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 6,388 shares. The stock had previously closed at C$3.61.

Taiga Building Products Trading Down 1.6%

The company has a 50 day moving average of C$3.63 and a 200-day moving average of C$3.66. The stock has a market cap of C$387.52 million, a price-to-earnings ratio of 13.81 and a beta of 0.56. The company has a debt-to-equity ratio of 48.57, a quick ratio of 1.51 and a current ratio of 2.61.

Taiga Building Products (TSE:TBL) last released its earnings results on Friday, August 7th. The company reported C$0.15 earnings per share for the quarter. The company had revenue of C$426.58 million during the quarter. Taiga Building Products had a return on equity of 9.04% and a net margin of 1.83%.

Taiga Building Products Company Profile

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.