Taiga Building Products (TSE:TBL) Reaches New 1-Year Low – Here’s What Happened

Taiga Building Products Ltd. (TSE:TBLGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$3.17 and last traded at C$3.54, with a volume of 13555 shares traded. The stock had previously closed at C$3.64.

Taiga Building Products Stock Performance

The company has a market cap of C$382.13 million, a PE ratio of 13.62 and a beta of 0.56. The company has a current ratio of 2.61, a quick ratio of 1.51 and a debt-to-equity ratio of 48.57. The business’s 50 day moving average is C$3.67 and its two-hundred day moving average is C$3.65.

Taiga Building Products (TSE:TBLGet Free Report) last announced its quarterly earnings data on Friday, August 7th. The company reported C$0.15 EPS for the quarter. The business had revenue of C$426.58 million for the quarter. Taiga Building Products had a return on equity of 9.04% and a net margin of 1.83%.

Taiga Building Products Company Profile

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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.

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