ATS Automation Tooling Systems Inc. (TSE:ATA)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $19.51. ATS Automation Tooling Systems shares last traded at $19.12, with a volume of 148,582 shares traded.
A number of equities research analysts have issued reports on the stock. TD Securities downgraded shares of ATS Automation Tooling Systems from a “buy” rating to a “hold” rating and set a C$24.00 price objective for the company. in a research report on Tuesday, June 25th. National Bank Financial upped their price objective on shares of ATS Automation Tooling Systems from C$20.00 to C$22.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 18th.
The company has a quick ratio of 1.44, a current ratio of 1.66 and a debt-to-equity ratio of 45.01. The business has a 50-day moving average price of C$21.07. The stock has a market capitalization of $1.75 billion and a price-to-earnings ratio of 25.85.
ATS Automation Tooling Systems (TSE:ATA) last released its earnings results on Thursday, May 16th. The company reported C$0.26 earnings per share for the quarter, beating the Zacks’ consensus estimate of C$0.22 by C$0.04. The company had revenue of C$348.60 million during the quarter, compared to analysts’ expectations of C$308.70 million. As a group, sell-side analysts forecast that ATS Automation Tooling Systems Inc. will post 1.22 earnings per share for the current fiscal year.
ATS Automation Tooling Systems Company Profile (TSE:ATA)
ATS Automation Tooling Systems Inc provides factory automation solutions worldwide. The company is involved in the planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. Its products include ATS Supertrak, a modular conveyor system; ATS OmniTrak optimal solution; LogiTrack automated electrified monorail for transporting heavy workloads through assembly operations; Sortimat Clearliner, a tray handler for clean room requirement; Sortimat Workliner tray handling technology; Sortimat Birkman, a feeder technology for sorting, transporting, and separating parts; ATS Cortex system, a vision device that reduces integration time with standardized hardware and software; and ATS SmartVision software, a PC-based vision system.
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