Atlas Engineered Products (CVE:AEP) Stock Price Down 1.6% – Should You Sell?

Shares of Atlas Engineered Products Ltd. (CVE:AEP) were down 1.6% on Friday . The stock traded as low as C$1.19 and last traded at C$1.20. Approximately 47,187 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 66,964 shares. The stock had previously closed at C$1.22.

Analyst Ratings Changes

Separately, Ventum Financial dropped their target price on Atlas Engineered Products from C$2.00 to C$1.75 in a report on Tuesday, November 26th.

Atlas Engineered Products Trading Down 1.6 %

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 business has a 50 day moving average price of C$1.22 and a 200-day moving average price of C$1.29. The firm has a market capitalization of C$70.94 million, a PE ratio of 17.14 and a beta of 1.13.

About Atlas Engineered Products

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.