Taiga Building Products (TSE:TBL) Trading Down 0.3% – Should You Sell?

Taiga Building Products Ltd. (TSE:TBL)’s share price was down 0.3% on Tuesday . The company traded as low as C$3.53 and last traded at C$3.54. Approximately 304 shares traded hands during trading, a decline of 95% from the average daily volume of 6,685 shares. The stock had previously closed at C$3.55.

Taiga Building Products Stock Down 0.3%

The company has a quick ratio of 1.51, a current ratio of 3.18 and a debt-to-equity ratio of 33.74. The company has a market cap of C$382.13 million, a PE ratio of 8.63 and a beta of 0.63. The company’s fifty day moving average is C$3.54 and its 200-day moving average is C$3.51.

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

About Taiga Building Products

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.