Taiga Building Products (TSE:TBL) Issues Earnings Results

Taiga Building Products (TSE:TBL) issued its earnings results on Friday. The company reported C$0.15 EPS for the quarter, FiscalAI reports. Taiga Building Products had a return on equity of 9.04% and a net margin of 1.75%.The business had revenue of C$426.58 million during the quarter.

Taiga Building Products Price Performance

Shares of TBL stock traded up C$0.05 during trading hours on Friday, reaching C$3.65. The stock had a trading volume of 6,200 shares, compared to its average volume of 5,578. The stock’s fifty day simple moving average is C$3.69 and its 200 day simple moving average is C$3.64. The company has a current ratio of 2.54, a quick ratio of 1.51 and a debt-to-equity ratio of 54.25. The firm has a market capitalization of C$394.00 million, a PE ratio of 14.60 and a beta of 0.56. Taiga Building Products has a 12 month low of C$3.20 and a 12 month high of C$4.11.

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.