Atlas Engineered Products Ltd. (CVE:AEP - Get Free Report) shares traded up 0.8% during mid-day trading on Thursday . The company traded as high as C$1.25 and last traded at C$1.25. 27,726 shares traded hands during trading, a decline of 78% from the average session volume of 128,294 shares. The stock had previously closed at C$1.24.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the stock. Raymond James set a C$2.25 price target on shares of Atlas Engineered Products and gave the company a "strong-buy" rating in a report on Thursday, September 12th. Ventum Financial reduced their target price on Atlas Engineered Products from C$2.00 to C$1.75 in a research note on Tuesday, November 26th.
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Atlas Engineered Products Stock Performance
The company has a market capitalization of C$72.72 million, a PE ratio of 17.57 and a beta of 1.13. The stock's fifty day simple moving average is C$1.23 and its 200-day simple moving average is C$1.31. 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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