Atlas Engineered Products (CVE:AEP) Upgraded at Desjardins

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

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

Atlas Engineered Products Stock Up 2.4 %

Shares of Atlas Engineered Products stock opened at C$0.85 on Tuesday. The company has a quick ratio of 2.31, a current ratio of 4.16 and a debt-to-equity ratio of 62.14. Atlas Engineered Products has a 12-month low of C$0.83 and a 12-month high of C$1.70. The firm has a market capitalization of C$62.55 million, a PE ratio of 33.24 and a beta of 1.13. The stock’s fifty day moving average is C$0.93 and its 200-day moving average is 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.