Taiga Building Products (TSE:TBL) Trading Down 0.6% - Should You Sell?

Key Points

• Taiga Building Products Ltd. shares decreased by 0.6%, trading at C$3.53 with a significant drop in volume to 1,200 shares, which is 90% lower than its average.
• The company has a market cap of C$381.05 million, a PE ratio of 8.40, and relatively low debt with a debt-to-equity ratio of 21.99.
• Taiga specializes in producing and distributing various building products, including composite decking, engineered wood, and roofing materials.

Taiga Building Products Ltd. (TSE:TBL - )'s share price traded down 0.6% during trading on Friday . The company traded as low as C$3.50 and last traded at C$3.53. 1,200 shares were traded during trading, a decline of 90% from the average session volume of 12,592 shares. The stock had previously closed at C$3.55.

Taiga Building Products Stock Performance

The company has a market cap of C$381.05 million, a PE ratio of 8.40 and a beta of 0.40. 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 business has a 50-day moving average of C$3.52 and a 200 day moving average of C$3.75.

Taiga Building Products Company Profile

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.

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