Atlas Engineered Products (CVE:AEP) Stock Rating Upgraded by Desjardins

Desjardins upgraded shares of Atlas Engineered Products (CVE:AEP) to a moderate buy rating in a report published on Tuesday morning,Zacks.com reports.

Separately, Raymond James downgraded Atlas Engineered Products from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, March 31st.

Atlas Engineered Products Trading Up 2.4 %

Shares of AEP stock opened at C$0.85 on Tuesday. Atlas Engineered Products has a twelve month low of C$0.83 and a twelve month high of C$1.70. The company has a market capitalization of C$62.55 million, a price-to-earnings ratio of 33.24 and a beta of 1.13. The firm has a 50-day moving average price of C$0.93 and a 200 day moving average price of C$1.13. The company has a current ratio of 4.16, a quick ratio of 2.31 and a debt-to-equity ratio of 62.14.

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.