Taiga Building Products (TSE:TBL) Trading Up 3.7% – Here’s What Happened

Taiga Building Products Ltd. (TSE:TBL)’s share price was up 3.7% during trading on Tuesday . The company traded as high as C$3.98 and last traded at C$3.96. Approximately 2,000 shares traded hands during trading, a decline of 64% from the average daily volume of 5,516 shares. The stock had previously closed at C$3.82.

Taiga Building Products Stock Performance

The firm has a market cap of C$427.44 million, a PE ratio of 7.33 and a beta of 0.77. The company has a quick ratio of 1.51, a current ratio of 3.73 and a debt-to-equity ratio of 23.02. The company has a 50-day simple moving average of C$3.85 and a two-hundred day simple moving average of C$3.82.

Taiga Building Products (TSE:TBL) last issued its quarterly earnings results on Friday, November 8th. The company reported C$0.13 earnings per share for the quarter. Taiga Building Products had a net margin of 3.49% and a return on equity of 14.06%.

Taiga Building Products Company Profile

Taiga Building Products Ltd. operates as a wholesale distributor of building products in Canada and the United States. It offers dimension lumber; panel products, such as plywood, particle board, and oriented strand board products; and allied and treated products, such as roofing materials, moldings, composite decking, and polyethylene sheeting products, as well as batt and foam insulation, flooring, and engineered and treated wood products.