Taiga Building Products (TSE:TBL) Stock Price Down 0.3% – Here’s Why

Taiga Building Products Ltd. (TSE:TBLGet Free Report) fell 0.3% during mid-day trading on Tuesday . The company traded as low as C$3.76 and last traded at C$3.76. 2,003 shares were traded during trading, a decline of 75% from the average session volume of 7,922 shares. The stock had previously closed at C$3.77.

Taiga Building Products Price Performance

The firm has a market cap of C$409.11 million, a P/E ratio of 8.12 and a beta of 0.77. 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 firm’s 50 day moving average is C$3.89 and its 200 day moving average is C$3.83.

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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