Atlas Engineered Products (CVE:AEP) Sets New 52-Week Low – Here’s Why

Shares of Atlas Engineered Products Ltd. (CVE:AEP – Get Free Report) reached a new 52-week low on Monday. The company traded as low as C$0.56 and last traded at C$0.56, with a volume of 56,192 shares trading hands. The stock had previously closed at C$0.59.

Atlas Engineered Products Trading Down 5.1%

The firm has a market cap of C$40.12 million, a PE ratio of -28.00 and a beta of 0.26. The company has a quick ratio of 2.31, a current ratio of 1.46 and a debt-to-equity ratio of 46.00. The company’s 50 day moving average price is C$0.63 and its two-hundred day moving average price is C$0.63.

About Atlas Engineered Products

(Get Free Report)

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.

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