Taiga Building Products (TSE:TBL) Shares Down 1.6%

Taiga Building Products Ltd. (TSE:TBL)’s share price was down 1.6% during trading on Friday . The stock traded as low as C$3.73 and last traded at C$3.73. Approximately 107 shares traded hands during trading, a decline of 99% from the average daily volume of 9,964 shares. The stock had previously closed at C$3.79.

Taiga Building Products Price Performance

The business has a 50 day simple moving average of C$3.84 and a two-hundred day simple moving average of C$3.52. The firm has a market capitalization of C$402.62 million, a P/E ratio of 6.91 and a beta of 0.78. The company has a debt-to-equity ratio of 23.02, a quick ratio of 1.51 and a current ratio of 3.73.

Taiga Building Products (TSE:TBL) last posted its quarterly earnings data on Monday, August 12th. 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%. The company had revenue of C$427.82 million for the quarter.

About Taiga Building Products

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.