Atlas Engineered Products (CVE:AEP) Stock Price Up 3.4% – Still a Buy?

Atlas Engineered Products Ltd. (CVE:AEP)’s stock price rose 3.4% during mid-day trading on Wednesday . The company traded as high as C$0.60 and last traded at C$0.60. Approximately 71,419 shares were traded during trading, an increase of 13% from the average daily volume of 63,475 shares. The stock had previously closed at C$0.58.

Atlas Engineered Products Price Performance

The stock has a market capitalization of C$39.34 million, a price-to-earnings ratio of -56.00 and a beta of -0.25. The company has a debt-to-equity ratio of 46.83, a quick ratio of 2.31 and a current ratio of 2.08. The company has a fifty day simple moving average of C$0.67 and a two-hundred day simple moving average of C$0.69.

Atlas Engineered Products Company Profile

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.