Atlas Engineered Products (CVE:AEP) Sets New 52-Week Low – Here’s Why

Atlas Engineered Products Ltd. (CVE:AEP – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday. The company traded as low as C$0.56 and last traded at C$0.56, with a volume of 56,192 shares changing hands. The stock had previously closed at C$0.59.

Atlas Engineered Products Stock Performance

The company has a quick ratio of 2.31, a current ratio of 1.46 and a debt-to-equity ratio of 46.00. The business has a 50 day simple moving average of C$0.63 and a two-hundred day simple moving average of C$0.63. The firm has a market cap of C$40.12 million, a PE ratio of -28.00 and a beta of 0.26.

Atlas Engineered Products Company Profile

(Get Free Report)

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.

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