Atlas Engineered Products (CVE:AEP) Trading Up 1.5% – Time to Buy?

Shares of Atlas Engineered Products Ltd. (CVE:AEP) were up 1.5% on Tuesday . The company traded as high as C$0.69 and last traded at C$0.69. Approximately 43,784 shares changed hands during trading, a decline of 42% from the average daily volume of 75,803 shares. The stock had previously closed at C$0.68.

Atlas Engineered Products Price Performance

The company has a debt-to-equity ratio of 62.14, a quick ratio of 2.31 and a current ratio of 4.16. The stock’s 50 day simple moving average is C$0.67 and its 200 day simple moving average is C$0.72. The firm has a market capitalization of C$48.47 million, a P/E ratio of -69.00 and a beta of -0.39.

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.