Taiga Building Products (TSE:TBL) Stock Price Down 1.8% – Time to Sell?

Taiga Building Products Ltd. (TSE:TBLGet Free Report)’s share price dropped 1.8% during trading on Tuesday . The company traded as low as C$3.77 and last traded at C$3.81. Approximately 6,101 shares changed hands during trading, a decline of 31% from the average daily volume of 8,851 shares. The stock had previously closed at C$3.88.

Taiga Building Products Stock Performance

The company has a quick ratio of 1.51, a current ratio of 3.73 and a debt-to-equity ratio of 23.02. The firm has a 50-day moving average price of C$3.80 and a two-hundred day moving average price of C$3.81. The firm has a market cap of C$411.25 million, a PE ratio of 7.06 and a beta of 0.77.

About Taiga Building Products

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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.

Further Reading

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