Taiga Building Products (TSE:TBL) Shares Up 0.8% – What’s Next?

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

Taiga Building Products Stock Up 0.8%

The company has a debt-to-equity ratio of 54.25, a current ratio of 2.54 and a quick ratio of 1.51. The firm’s 50-day moving average is C$3.69 and its 200 day moving average is C$3.62. The stock has a market cap of C$397.24 million, a price-to-earnings ratio of 14.72 and a beta of 0.58.

Taiga Building Products (TSE:TBLGet Free Report) last announced 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

(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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