Taiga Building Products (TSE:TBL) Trading 3% Higher – Time to Buy?

Shares of Taiga Building Products Ltd. (TSE:TBL) rose 3% on Tuesday . The stock traded as high as C$3.46 and last traded at C$3.46. Approximately 3,044 shares changed hands during trading, a decline of 51% from the average daily volume of 6,268 shares. The stock had previously closed at C$3.36.

Taiga Building Products Trading Up 3.0%

The firm has a fifty day moving average of C$3.49 and a two-hundred day moving average of C$3.48. The company has a market cap of C$373.49 million, a PE ratio of 8.44 and a beta of 0.53. The company has a current ratio of 3.63, a quick ratio of 1.51 and a debt-to-equity ratio of 21.99.

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.