Taiga Building Products Ltd. (TSE:TBL – Get Free Report)’s share price dropped 1.4% during trading on Wednesday . The stock traded as low as C$3.50 and last traded at C$3.55. Approximately 14,543 shares were traded during trading, an increase of 183% from the average daily volume of 5,141 shares. The stock had previously closed at C$3.60.
Taiga Building Products Price Performance
The company has a market capitalization of C$394.00 million, a P/E ratio of 14.60 and a beta of 0.55. The business’s 50-day simple moving average is C$3.66 and its 200 day simple moving average is C$3.54. The company has a current ratio of 2.54, a quick ratio of 1.51 and a debt-to-equity ratio of 54.25.
Taiga Building Products (TSE:TBL – Get Free Report) last issued its quarterly earnings results on Friday, May 8th. The company reported C$0.08 earnings per share 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
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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