Echelon Wealth Partners Reiterates “Speculative Buy” Rating for Atlas Engineered Products (CVE:AEP)

Echelon Wealth Partners reaffirmed their speculative buy rating on shares of Atlas Engineered Products (CVE:AEPFree Report) in a report released on Friday, reports.

Separately, Cormark raised their price target on Atlas Engineered Products from C$1.50 to C$1.70 in a research report on Thursday, August 24th.

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Atlas Engineered Products Trading Down 0.8 %

Shares of Atlas Engineered Products stock opened at C$1.28 on Friday. The company has a 50 day simple moving average of C$1.14 and a two-hundred day simple moving average of C$1.09. The firm has a market cap of C$73.42 million, a PE ratio of 12.80 and a beta of 1.02. Atlas Engineered Products has a 1 year low of C$0.47 and a 1 year high of C$1.44. The company has a debt-to-equity ratio of 58.22, a current ratio of 4.11 and a quick ratio of 2.31.

Atlas Engineered Products Company Profile

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Atlas Engineered Products Ltd. designs, manufactures, and sells engineered roof trusses, floor trusses, wall panels, and windows 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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