Shares of Atlas Engineered Products Ltd. (CVE:AEP - Get Free Report) fell 1.1% on Friday . The stock traded as low as C$0.89 and last traded at C$0.89. 134,013 shares were traded during trading, an increase of 35% from the average session volume of 99,480 shares. The stock had previously closed at C$0.90.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on AEP. Desjardins set a C$1.50 price target on Atlas Engineered Products and gave the stock a "buy" rating in a research report on Wednesday, May 28th. Raymond James Financial set a C$1.50 price target on Atlas Engineered Products and gave the stock a "buy" rating in a research report on Wednesday, May 28th.
Check Out Our Latest Stock Report on Atlas Engineered Products
Atlas Engineered Products Stock Performance
The company has a quick ratio of 2.31, a current ratio of 4.16 and a debt-to-equity ratio of 62.14. The company has a 50 day simple moving average of C$0.87 and a 200-day simple moving average of C$0.93. The stock has a market capitalization of C$64.02 million, a price-to-earnings ratio of 34.02 and a beta of 1.13.
About Atlas Engineered Products
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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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