Atlas Engineered Products (CVE:AEP) Trading Down 1.5% – Here’s Why

Atlas Engineered Products Ltd. (CVE:AEP)’s stock price traded down 1.5% during trading on Wednesday . The stock traded as low as C$0.67 and last traded at C$0.67. 85,744 shares were traded during trading, an increase of 24% from the average session volume of 69,406 shares. The stock had previously closed at C$0.68.

Atlas Engineered Products Price Performance

The company has a debt-to-equity ratio of 46.83, a current ratio of 2.08 and a quick ratio of 2.31. The stock has a market capitalization of C$47.07 million, a price-to-earnings ratio of -67.00 and a beta of -0.39. The stock has a 50 day moving average price of C$0.69 and a 200-day moving average price of C$0.70.

About Atlas Engineered Products

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.