Atlas Engineered Products Ltd. (CVE:AEP - Get Free Report) Director Mohammad Hadi Abassi purchased 16,500 shares of Atlas Engineered Products stock in a transaction that occurred on Wednesday, November 27th. The stock was bought at an average cost of C$1.20 per share, for a total transaction of C$19,800.00.
Atlas Engineered Products Stock Performance
Shares of AEP stock opened at C$1.15 on Thursday. The firm has a market cap of C$67.99 million, a price-to-earnings ratio of 16.43 and a beta of 1.13. Atlas Engineered Products Ltd. has a 52-week low of C$0.93 and a 52-week high of C$1.70. 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 company's 50 day moving average is C$1.27 and its 200 day moving average is C$1.33.
Analyst Ratings Changes
Several brokerages recently issued reports on AEP. Ventum Financial dropped their price objective on Atlas Engineered Products from C$2.00 to C$1.75 in a research note on Tuesday. Raymond James set a C$2.25 price target on Atlas Engineered Products and gave the stock a "strong-buy" rating in a research report on Thursday, September 12th. Finally, Cormark decreased their price objective on Atlas Engineered Products from C$2.20 to C$2.10 in a report on Tuesday, August 20th.
Check Out Our Latest Stock Report on Atlas Engineered Products
Atlas Engineered Products Company Profile
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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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