Taiga Building Products (TSE:TBL) Trading Down 0.3% – Should You Sell?

Taiga Building Products Ltd. (TSE:TBL) was down 0.3% on Tuesday . The company traded as low as C$3.53 and last traded at C$3.54. Approximately 304 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 6,685 shares. The stock had previously closed at C$3.55.

Taiga Building Products Price Performance

The firm has a 50-day moving average of C$3.54 and a 200-day moving average of C$3.51. The company has a debt-to-equity ratio of 33.74, a quick ratio of 1.51 and a current ratio of 3.18. The firm has a market capitalization of C$382.13 million, a P/E ratio of 8.63 and a beta of 0.63.

Taiga Building Products (TSE:TBL) last posted its earnings results on Friday, February 27th. The company reported C($0.08) EPS for the quarter. Taiga Building Products had a return on equity of 8.32% and a net margin of 1.75%.

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.