Atlas Engineered Products (CVE:AEP) Upgraded to “Moderate Buy” at Desjardins

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

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

Atlas Engineered Products Trading Up 2.4 %

AEP opened at C$0.85 on Tuesday. The stock has a market capitalization of C$62.55 million, a PE ratio of 33.24 and a beta of 1.13. Atlas Engineered Products has a 1-year low of C$0.83 and a 1-year high of C$1.70. The company has a current ratio of 4.16, a quick ratio of 2.31 and a debt-to-equity ratio of 62.14. The firm has a 50-day moving average price of C$0.93 and a two-hundred day moving average price of C$1.12.

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.