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:AEP) in a report released on Friday, PriceTargets.com 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.

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

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.