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

Taiga Building Products Ltd. (TSE:TBL)’s stock price dropped 0.3% during mid-day trading on Tuesday . The company traded as low as C$3.53 and last traded at C$3.54. Approximately 304 shares were traded during mid-day 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 Performance

The company has a debt-to-equity ratio of 33.74, a current ratio of 3.18 and a quick ratio of 1.51. The company has a 50 day simple moving average of C$3.54 and a 200-day simple moving average of C$3.51. The stock has a market capitalization of C$399.40 million, a P/E ratio of 14.23 and a beta of 0.63.

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

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.