Atlas Engineered Products (CVE:AEP) Stock Price Up 11.1% – Still a Buy?

Atlas Engineered Products Ltd. (CVE:AEPGet Free Report) shares were up 11.1% during mid-day trading on Tuesday . The stock traded as high as C$0.70 and last traded at C$0.70. Approximately 204,220 shares traded hands during trading, an increase of 227% from the average daily volume of 62,407 shares. The stock had previously closed at C$0.63.

Atlas Engineered Products Stock Performance

The company has a debt-to-equity ratio of 45.10, a quick ratio of 2.31 and a current ratio of 1.99. The firm’s 50 day simple moving average is C$0.64 and its 200-day simple moving average is C$0.66. The company has a market cap of C$49.21 million, a price-to-earnings ratio of -70.00 and a beta of -0.15.

Atlas Engineered Products Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Atlas Engineered Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlas Engineered Products and related companies with MarketBeat.com's FREE daily email newsletter.