Taiga Building Products (TSE:TBL) Reaches New 1-Year Low – Here’s What Happened

Shares of Taiga Building Products Ltd. (TSE:TBLGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$3.17 and last traded at C$3.54, with a volume of 13555 shares. The stock had previously closed at C$3.64.

Taiga Building Products Trading Down 2.7%

The company has a debt-to-equity ratio of 48.57, a current ratio of 2.61 and a quick ratio of 1.51. The stock’s 50-day moving average is C$3.67 and its two-hundred day moving average is C$3.65. The company has a market cap of C$382.13 million, a P/E ratio of 13.62 and a beta of 0.56.

Taiga Building Products (TSE:TBLGet Free Report) last announced its earnings results on Friday, August 7th. The company reported C$0.15 earnings per share for the quarter. The business had revenue of C$426.58 million during the quarter. Taiga Building Products had a net margin of 1.83% and a return on equity of 9.04%.

Taiga Building Products Company Profile

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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.

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