Atlas Engineered Products (CVE:AEP) Rating Lowered to “Moderate Buy” at Raymond James

Atlas Engineered Products (CVE:AEP) was downgraded by investment analysts at Raymond James from a “strong-buy” rating to a “moderate buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports. Raymond James also issued estimates for Atlas Engineered Products’ FY2025 earnings at $0.02 EPS.

Atlas Engineered Products Stock Down 1.1 %

Atlas Engineered Products stock opened at C$0.94 on Monday. The company has a quick ratio of 2.31, a current ratio of 4.16 and a debt-to-equity ratio of 62.14. The firm has a market cap of C$69.18 million, a P/E ratio of 36.76 and a beta of 1.13. The business has a fifty day moving average of C$1.00 and a two-hundred day moving average of C$1.17. Atlas Engineered Products has a twelve month low of C$0.85 and a twelve month high of C$1.70.

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.