Free Trial

Taiga Building Products (TSE:TBL) Trading Down 1.8% - Here's What Happened

Taiga Building Products logo with Basic Materials background

Taiga Building Products Ltd. (TSE:TBL - Get Free Report)'s stock price traded down 1.8% during mid-day trading on Tuesday . The company traded as low as C$3.77 and last traded at C$3.81. 6,101 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 8,851 shares. The stock had previously closed at C$3.88.

Taiga Building Products Trading Down 1.8 %

The firm has a market cap of C$411.25 million, a PE ratio of 7.06 and a beta of 0.77. The company has a 50-day simple moving average of C$3.80 and a 200 day simple moving average of C$3.81. The company has a current ratio of 3.73, a quick ratio of 1.51 and a debt-to-equity ratio of 23.02.

Taiga Building Products Company Profile

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Taiga Building Products Right Now?

Before you consider Taiga Building Products, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Taiga Building Products wasn't on the list.

While Taiga Building Products currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Transportation Stocks to Watch in 2025: Top Picks for Growth
Crypto Boom 2025: Bitcoin’s Rise and Trump’s Impact on the Market
Goldman Sachs’ 2025 Market Outlook: Top 3 Stock Picks

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines