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Taiga Building Products (TSE:TBL) Trading 0.5% Higher - Still a Buy?

Taiga Building Products logo with Basic Materials background

Taiga Building Products Ltd. (TSE:TBL - Get Free Report) shares shot up 0.5% on Tuesday . The stock traded as high as C$3.79 and last traded at C$3.71. 4,600 shares changed hands during trading, a decline of 36% from the average session volume of 7,196 shares. The stock had previously closed at C$3.69.

Taiga Building Products Stock Performance

The company has a current ratio of 3.63, a quick ratio of 1.51 and a debt-to-equity ratio of 21.99. The firm's fifty day moving average price is C$3.83 and its two-hundred day moving average price is C$3.82. The stock has a market capitalization of C$403.71 million, a PE ratio of 8.01 and a beta of 0.77.

Taiga Building Products Company Profile

(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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