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

Taiga Building Products Ltd. (TSE:TBL)’s stock price shot up 0.6% during trading on Tuesday . The stock traded as high as C$3.65 and last traded at C$3.65. Approximately 104 shares were traded during trading, a decline of 98% from the average session volume of 5,107 shares. The stock had previously closed at C$3.63.

Taiga Building Products Price Performance

The company has a debt-to-equity ratio of 54.25, a quick ratio of 1.51 and a current ratio of 2.54. The company has a market capitalization of C$394.00 million, a price-to-earnings ratio of 14.60 and a beta of 0.58. The company has a 50-day moving average price of C$3.69 and a 200-day moving average price of C$3.64.

Taiga Building Products (TSE:TBL) last released its quarterly earnings data on Friday, May 8th. The company reported C$0.08 EPS for the quarter. Taiga Building Products had a net margin of 1.75% and a return on equity of 9.04%.

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.