Taiga Building Products (TSE:TBL) Trading Up 0.6% – Time to Buy?

Taiga Building Products Ltd. (TSE:TBL) was up 0.6% during trading on Monday . The company traded as high as C$3.55 and last traded at C$3.51. Approximately 1,036 shares changed hands during trading, a decline of 4% from the average daily volume of 1,077 shares. The stock had previously closed at C$3.49.

Taiga Building Products Stock Up 0.6%

The company has a market capitalization of C$378.89 million, a PE ratio of 8.56 and a beta of 0.54. The stock’s fifty day moving average is C$3.43 and its two-hundred day moving average is C$3.46. The company has a current ratio of 3.63, a quick ratio of 1.51 and a debt-to-equity ratio of 21.99.

Taiga Building Products (TSE:TBL) last announced its quarterly earnings data on Friday, November 7th. The company reported C$0.12 EPS for the quarter. The business had revenue of C$431.28 million for the quarter. Taiga Building Products had a net margin of 3.13% and a return on equity of 12.05%.

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.