Atlas Engineered Products (CVE:AEP) Given a C$1.50 Price Target by Raymond James Analysts

Atlas Engineered Products (CVE:AEP) received a C$1.50 price objective from Raymond James in a research report issued on Wednesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Raymond James’ price objective indicates a potential upside of 78.57% from the company’s previous close.

Separately, Desjardins set a C$1.50 price objective on shares of Atlas Engineered Products and gave the company a “buy” rating in a report on Wednesday, April 16th.

Atlas Engineered Products Stock Up 5.0%

Shares of AEP traded up C$0.04 during mid-day trading on Wednesday, hitting C$0.84. The company’s stock had a trading volume of 435,910 shares, compared to its average volume of 104,072. The company has a current ratio of 4.16, a quick ratio of 2.31 and a debt-to-equity ratio of 62.14. The firm has a market capitalization of C$61.82 million, a price-to-earnings ratio of 32.85 and a beta of 1.13. The company’s 50-day moving average is C$0.83 and its 200-day moving average is C$1.02. Atlas Engineered Products has a 52-week low of C$0.72 and a 52-week high of C$1.54.

Atlas Engineered Products Company Profile

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.