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

Taiga Building Products Ltd. (TSE:TBL) shares hit a new 52-week high during trading on Monday . The company traded as high as C$3.70 and last traded at C$3.74, with a volume of 34051 shares. The stock had previously closed at C$3.70.

Taiga Building Products Stock Performance

The company has a quick ratio of 1.51, a current ratio of 2.61 and a debt-to-equity ratio of 48.57. The company has a market capitalization of C$403.71 million, a PE ratio of 14.38 and a beta of 0.56. The firm has a 50-day moving average of C$3.63 and a two-hundred day moving average of C$3.66.

Taiga Building Products (TSE:TBL) last released its quarterly earnings results on Friday, August 7th. The company reported C$0.15 EPS for the quarter. Taiga Building Products had a net margin of 1.83% and a return on equity of 9.04%. The company had revenue of C$426.58 million for the quarter.

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. 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.