Taiga Building Products (TSE:TBL) Shares Down 1.5% – Time to Sell?

Taiga Building Products Ltd. (TSE:TBLGet Free Report) was down 1.5% during mid-day trading on Monday . The stock traded as low as C$3.20 and last traded at C$3.30. Approximately 42,150 shares traded hands during mid-day trading, an increase of 176% from the average daily volume of 15,245 shares. The stock had previously closed at C$3.35.

Taiga Building Products Stock Down 1.5%

The company’s fifty day simple moving average is C$4.12 and its 200-day simple moving average is C$3.94. The company has a debt-to-equity ratio of 21.99, a current ratio of 3.63 and a quick ratio of 1.51. The firm has a market capitalization of C$356.22 million, a PE ratio of 7.07 and a beta of 0.77.

Taiga Building Products Company Profile

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Taiga Building Products Ltd. operates as a wholesale distributor of building products in Canada and the United States. It offers dimension lumber; panel products, such as plywood, particle board, and oriented strand board products; and allied and treated products, such as roofing materials, moldings, composite decking, and polyethylene sheeting products, as well as batt and foam insulation, flooring, and engineered and treated wood products.

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