Taiga Building Products (TSE:TBL) Trading 2.4% Higher – Still a Buy?

Taiga Building Products Ltd. (TSE:TBL) shares were up 2.4% on Friday . The company traded as high as C$3.82 and last traded at C$3.82. Approximately 5,202 shares changed hands during trading, a decline of 43% from the average daily volume of 9,110 shares. The stock had previously closed at C$3.73.

Taiga Building Products Trading Up 2.4 %

The company has a debt-to-equity ratio of 23.02, a current ratio of 3.73 and a quick ratio of 1.51. The firm’s fifty day moving average is C$3.80 and its two-hundred day moving average is C$3.66. The firm has a market capitalization of C$412.33 million, a PE ratio of 7.07 and a beta of 0.77.

Taiga Building Products (TSE:TBL) last announced its earnings results on Monday, August 12th. The company reported C$0.13 earnings per share for the quarter. The firm had revenue of C$427.82 million for the quarter. Taiga Building Products had a return on equity of 14.06% and a net margin of 3.49%.

Taiga Building Products Company Profile

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.