Taiga Building Products (TSE:TBL) Trading Down 0.3% – Here’s Why

Taiga Building Products Ltd. (TSE:TBLGet Free Report)’s share price traded down 0.3% during mid-day trading on Friday . The company traded as low as C$3.49 and last traded at C$3.49. 203 shares were traded during mid-day trading, a decline of 98% from the average session volume of 11,557 shares. The stock had previously closed at C$3.50.

Taiga Building Products Trading Down 0.3%

The stock’s 50 day moving average is C$3.48 and its 200-day moving average is C$3.67. The company has a market cap of C$376.73 million, a P/E ratio of 8.51 and a beta of 0.44. 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:TBLGet Free Report) last issued its earnings results on Friday, November 7th. The company reported C$0.12 earnings per share (EPS) for the quarter. The business had revenue of C$431.28 million during the quarter. Taiga Building Products had a net margin of 3.13% and a return on equity of 12.05%.

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.

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