Taiga Building Products (TSE:TBL) Stock Price Down 0.3% – Time to Sell?

Shares of Taiga Building Products Ltd. (TSE:TBL) traded down 0.3% on Wednesday. The stock traded as low as C$3.65 and last traded at C$3.65. Approximately 624 shares changed hands during trading, a decline of 90% from the average session volume of 6,166 shares. The stock had previously closed at C$3.66.

Taiga Building Products Price Performance

The company has a market cap of C$394.00 million, a P/E ratio of 14.04 and a beta of 0.59. The company’s 50-day moving average price is C$3.64 and its two-hundred day moving average price is C$3.66. The company has a current ratio of 2.61, a quick ratio of 1.51 and a debt-to-equity ratio of 48.57.

Taiga Building Products (TSE:TBL) last issued its quarterly earnings results on Friday, August 7th. The company reported C$0.15 EPS for the quarter. The business had revenue of C$426.58 million for the quarter. Taiga Building Products had a net margin of 1.83% 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.