Taiga Building Products (TSE:TBL) Trading 2.2% Higher – Here’s What Happened

Taiga Building Products Ltd. (TSE:TBL)’s stock price traded up 2.2% during trading on Tuesday . The company traded as high as C$3.73 and last traded at C$3.73. 612 shares were traded during trading, a decline of 89% from the average session volume of 5,745 shares. The stock had previously closed at C$3.65.

Taiga Building Products Trading Up 0.5%

The company has a market cap of C$404.79 million, a P/E ratio of 14.42 and a beta of 0.63. The firm’s 50 day moving average is C$3.58 and its two-hundred day moving average is C$3.52. The company has a quick ratio of 1.51, a current ratio of 3.18 and a debt-to-equity ratio of 33.74.

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

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.