Taiga Building Products (TSE:TBL) Posts Quarterly Earnings Results

Taiga Building Products (TSE:TBL) announced its quarterly earnings data on Friday. The company reported C($0.08) earnings per share (EPS) for the quarter, FiscalAI reports. Taiga Building Products had a net margin of 3.13% and a return on equity of 12.05%.

Taiga Building Products Trading Down 2.1%

TSE TBL traded down C$0.08 during mid-day trading on Friday, hitting C$3.75. The company’s stock had a trading volume of 4,503 shares, compared to its average volume of 6,316. The firm has a market capitalization of C$404.79 million, a P/E ratio of 9.15 and a beta of 0.53. The company has a debt-to-equity ratio of 21.99, a current ratio of 3.63 and a quick ratio of 1.51. Taiga Building Products has a 52-week low of C$3.10 and a 52-week high of C$5.10. The stock’s fifty day simple moving average is C$3.51 and its two-hundred day simple moving average is C$3.49.

Taiga Building Products Company Profile

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.