Taiga Building Products (TSE:TBL) Reaches New 12-Month High – Still a Buy?

Shares of Taiga Building Products Ltd. (TSE:TBL) hit a new 52-week high during mid-day trading on Monday . The stock 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 market capitalization of C$402.63 million, a P/E ratio of 14.35 and a beta of 0.56. The company has a current ratio of 2.61, a quick ratio of 1.51 and a debt-to-equity ratio of 48.57. The company’s fifty day moving average is C$3.63 and its 200 day moving average is C$3.66.

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