Atlas Engineered Products (CVE:AEP) Sets New 52-Week Low – Time to Sell?

Atlas Engineered Products Ltd. (CVE:AEP) shares hit a new 52-week low during trading on Friday . The company traded as low as C$0.57 and last traded at C$0.57, with a volume of 40460 shares traded. The stock had previously closed at C$0.59.

Atlas Engineered Products Trading Down 3.4%

The company has a quick ratio of 2.31, a current ratio of 2.08 and a debt-to-equity ratio of 46.83. The firm has a market cap of C$40.04 million, a price-to-earnings ratio of -57.00 and a beta of -0.25. The business has a 50 day moving average price of C$0.67 and a 200-day moving average price of C$0.69.

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.