Atlas Engineered Products (CVE:AEP) Trading Up 1.7% – Here’s Why

Atlas Engineered Products Ltd. (CVE:AEP)’s share price traded up 1.7% during mid-day trading on Tuesday . The company traded as high as C$0.61 and last traded at C$0.61. Approximately 8,520 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 62,302 shares. The stock had previously closed at C$0.60.

Atlas Engineered Products Stock Performance

The company has a debt-to-equity ratio of 51.61, a current ratio of 1.56 and a quick ratio of 2.31. The firm has a market capitalization of C$40.89 million, a PE ratio of -29.00 and a beta of 0.01. The company’s fifty day simple moving average is C$0.65 and its 200 day simple moving average is C$0.65.

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.