Taiga Building Products (TSE:TBL) Shares Up 0.6% – Should You Buy?

Taiga Building Products Ltd. (TSE:TBL) shares rose 0.6% during mid-day trading on Tuesday . The stock traded as high as C$3.65 and last traded at C$3.65. Approximately 104 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 5,107 shares. The stock had previously closed at C$3.63.

Taiga Building Products Trading Up 0.6%

The company has a quick ratio of 1.51, a current ratio of 2.54 and a debt-to-equity ratio of 54.25. The company has a market capitalization of C$394.00 million, a P/E ratio of 14.60 and a beta of 0.58. The business has a fifty day moving average price of C$3.69 and a 200 day moving average price of C$3.63.

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