Shares of Atlas Engineered Products Ltd. (CVE:AEP - Get Free Report) were down 1.6% during mid-day trading on Friday . The company traded as low as C$1.19 and last traded at C$1.20. 47,187 shares were traded during mid-day trading, a decline of 30% from the average session volume of 66,964 shares. The stock had previously closed at C$1.22.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on the company. Raymond James set a C$2.25 price target on Atlas Engineered Products and gave the stock a "strong-buy" rating in a report on Thursday, September 12th. Ventum Financial cut their target price on shares of Atlas Engineered Products from C$2.00 to C$1.75 in a research note on Tuesday, November 26th.
Check Out Our Latest Analysis on Atlas Engineered Products
Atlas Engineered Products Price Performance
The company has a 50-day moving average of C$1.22 and a two-hundred day moving average of C$1.30. The company has a debt-to-equity ratio of 62.14, a current ratio of 4.16 and a quick ratio of 2.31. The stock has a market capitalization of C$70.94 million, a PE ratio of 17.14 and a beta of 1.13.
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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