Taiga Building Products (TSE:TBL) Stock Price Up 3% – Time to Buy?

Taiga Building Products Ltd. (TSE:TBL)’s share price traded up 3% during trading on Tuesday . The stock traded as high as C$3.46 and last traded at C$3.46. 3,044 shares traded hands during trading, a decline of 51% from the average session volume of 6,268 shares. The stock had previously closed at C$3.36.

Taiga Building Products Trading Up 3.0%

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 company has a market capitalization of C$373.49 million, a P/E ratio of 8.44 and a beta of 0.53. The firm has a fifty day moving average price of C$3.49 and a 200-day moving average price of C$3.48.

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.