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

Taiga Building Products Ltd. (TSE:TBLGet Free Report)’s stock price was down 1.8% during trading on Tuesday . The stock traded as low as C$3.77 and last traded at C$3.81. Approximately 6,101 shares changed hands during mid-day 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 Price Performance

The stock has a fifty day simple moving average of C$3.80 and a 200-day simple moving average of C$3.81. The company has a market capitalization of C$411.25 million, a PE ratio of 7.06 and a beta of 0.77. The company has a current ratio of 3.73, a quick ratio of 1.51 and a debt-to-equity ratio of 23.02.

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.

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