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Taiga Building Products (TSE:TBL) Trading Down 1.5% - Should You Sell?

Taiga Building Products logo with Basic Materials background

Taiga Building Products Ltd. (TSE:TBL - Get Free Report) dropped 1.5% on Monday . The company traded as low as C$3.20 and last traded at C$3.30. Approximately 42,150 shares were traded during mid-day trading, an increase of 176% from the average daily volume of 15,245 shares. The stock had previously closed at C$3.35.

Taiga Building Products Stock Performance

The company has a debt-to-equity ratio of 21.99, a current ratio of 3.63 and a quick ratio of 1.51. The stock has a 50 day simple moving average of C$4.07 and a two-hundred day simple moving average of C$3.92. The company has a market cap of C$356.22 million, a PE ratio of 7.07 and a beta of 0.77.

About Taiga Building Products

(Get Free Report)

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.

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