Taiga Building Products (TSE:TBL) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Taiga Building Products Ltd. (TSE:TBLGet Free Report)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$3.66 and traded as high as C$3.73. Taiga Building Products shares last traded at C$3.70, with a volume of 6,613 shares traded.

Taiga Building Products Price Performance

The firm’s 50-day moving average is C$3.66 and its 200-day moving average is C$3.55. The company has a market capitalization of C$399.40 million, a PE ratio of 14.80 and a beta of 0.55. The company has a quick ratio of 1.51, a current ratio of 2.54 and a debt-to-equity ratio of 54.25.

Taiga Building Products (TSE:TBLGet Free Report) last announced its earnings results on Friday, May 8th. The company reported C$0.08 earnings per share (EPS) for the quarter. Taiga Building Products had a net margin of 1.75% 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.

Further Reading

Receive News & Ratings for Taiga Building Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiga Building Products and related companies with MarketBeat.com's FREE daily email newsletter.