Atlas Engineered Products (CVE:AEP - Get Free Report) received a C$1.50 price objective from equities researchers at Desjardins in a report issued on Wednesday,BayStreet.CA reports. The firm currently has a "buy" rating on the stock. Desjardins' price objective would suggest a potential upside of 78.57% from the stock's current price.
Separately, Raymond James set a C$1.50 price objective on shares of Atlas Engineered Products and gave the company a "buy" rating in a research report on Wednesday.
Read Our Latest Stock Report on Atlas Engineered Products
Atlas Engineered Products Trading Up 5.0%
AEP traded up C$0.04 during trading on Wednesday, reaching C$0.84. 435,910 shares of the company's stock were exchanged, compared to its average volume of 104,072. The company's fifty day moving average price is C$0.83 and its 200-day moving average price is C$1.02. The company has a debt-to-equity ratio of 62.14, a quick ratio of 2.31 and a current ratio of 4.16. Atlas Engineered Products has a fifty-two week low of C$0.72 and a fifty-two week high of C$1.54. The firm has a market capitalization of C$61.82 million, a PE ratio of 32.85 and a beta of 1.13.
Atlas Engineered Products Company Profile
(
Get Free Report)
Atlas Engineered Products Ltd. engages in the design, manufacture, and sale of engineered roof trusses, floor trusses, and wall panels in Canada. The company offers floor joists and floor panels; and design, engineering, permitting, project management, and site assembly services. It also distributes a range of engineered wood products for builders of residential and commercial wood-framed buildings, including single-family homes, townhouses, multi-story wood-framed residential buildings, commercial buildings, and agricultural structures.
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