Atlas Engineered Products (CVE:AEP) PT Set at C$1.50 by Desjardins

Atlas Engineered Products (CVE:AEP) has been given a C$1.50 price objective by research analysts at Desjardins in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Desjardins’ price objective suggests a potential upside of 76.47% from the company’s current price.

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

Atlas Engineered Products Stock Up 2.4 %

CVE:AEP opened at C$0.85 on Wednesday. The company has a market cap of C$62.55 million, a price-to-earnings ratio of 33.24 and a beta of 1.13. The company has a debt-to-equity ratio of 62.14, a quick ratio of 2.31 and a current ratio of 4.16. The stock’s fifty day moving average price is C$0.93 and its two-hundred day moving average price is C$1.12. Atlas Engineered Products has a 52-week low of C$0.83 and a 52-week high of C$1.70.

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.