Atlas Engineered Products Ltd. (CVE:AEP - Get Free Report) dropped 1.1% during trading on Friday . The stock traded as low as C$0.89 and last traded at C$0.89. Approximately 134,013 shares changed hands during trading, an increase of 35% from the average daily volume of 99,480 shares. The stock had previously closed at C$0.90.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on AEP shares. Raymond James Financial set a C$1.50 target price on Atlas Engineered Products and gave the company a "buy" rating in a report on Wednesday, May 28th. Desjardins set a C$1.50 price objective on Atlas Engineered Products and gave the stock a "buy" rating in a research report on Wednesday, May 28th.
View Our Latest Research Report on AEP
Atlas Engineered Products Price Performance
The business has a 50-day simple moving average of C$0.86 and a 200 day simple moving average of C$0.94. The firm has a market cap of C$65.50 million, a P/E ratio of 34.80 and a beta of 1.13. 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 Company Profile
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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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