Taiga Building Products (TSE:TBL) Hits New 52-Week High – Should You Buy?

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

Taiga Building Products Price Performance

The stock’s fifty day moving average price is C$3.63 and its 200-day moving average price is C$3.66. The firm has a market cap of C$403.71 million, a PE ratio of 14.38 and a beta of 0.56. The company has a debt-to-equity ratio of 48.57, a current ratio of 2.61 and a quick ratio of 1.51.

Taiga Building Products (TSE:TBLGet Free Report) last announced its quarterly earnings data on Friday, August 7th. The company reported C$0.15 earnings per share (EPS) for the quarter. The company 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

(Get Free Report)

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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