Atlas Engineered Products (CVE:AEP) Stock Rating Lowered by Raymond James

Raymond James lowered shares of Atlas Engineered Products (CVE:AEP) from a strong-buy rating to a moderate buy rating in a report issued on Monday,Zacks.com reports. Raymond James also issued estimates for Atlas Engineered Products’ FY2025 earnings at $0.02 EPS.

Atlas Engineered Products Stock Performance

Shares of Atlas Engineered Products stock opened at C$0.90 on Monday. Atlas Engineered Products has a 12 month low of C$0.85 and a 12 month high of C$1.70. The firm has a market capitalization of C$66.23 million, a P/E ratio of 35.19 and a beta of 1.13. 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 business has a fifty day simple moving average of C$0.99 and a two-hundred day simple moving average of C$1.17.

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.