ATS Co. (NYSE:ATS - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $25.55, but opened at $29.90. ATS shares last traded at $31.21, with a volume of 63,461 shares trading hands.
Wall Street Analyst Weigh In
Separately, Scotiabank upgraded ATS to a "hold" rating in a research note on Tuesday, April 29th.
Get Our Latest Analysis on ATS
ATS Stock Down 0.2%
The stock has a 50 day simple moving average of $25.61 and a 200-day simple moving average of $27.87. The firm has a market cap of $2.97 billion, a PE ratio of 45.97 and a beta of 1.06. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.92 and a quick ratio of 1.58.
Institutional Trading of ATS
Several large investors have recently modified their holdings of the company. Beutel Goodman & Co Ltd. lifted its position in ATS by 497.7% during the fourth quarter. Beutel Goodman & Co Ltd. now owns 6,515,682 shares of the company's stock valued at $198,614,000 after purchasing an additional 5,425,613 shares in the last quarter. Royal Bank of Canada lifted its position in shares of ATS by 21.8% in the first quarter. Royal Bank of Canada now owns 6,480,168 shares of the company's stock valued at $161,550,000 after acquiring an additional 1,161,204 shares in the last quarter. EdgePoint Investment Group Inc. lifted its position in shares of ATS by 41.7% in the first quarter. EdgePoint Investment Group Inc. now owns 5,017,996 shares of the company's stock valued at $125,100,000 after acquiring an additional 1,477,357 shares in the last quarter. Capital World Investors lifted its position in shares of ATS by 11.0% in the fourth quarter. Capital World Investors now owns 3,449,762 shares of the company's stock valued at $105,212,000 after acquiring an additional 341,904 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of ATS by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 3,229,265 shares of the company's stock valued at $98,486,000 after acquiring an additional 51,365 shares in the last quarter. Institutional investors own 75.84% of the company's stock.
ATS Company Profile
(
Get Free Report)
ATS Corporation, together with its subsidiaries, provides automation solutions worldwide. The company is also involved in planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. In addition, it offers pre-automation services comprising discovery and analysis, concept development, simulation, and total cost of ownership modelling; post automation services, including training, process optimization, preventative maintenance, emergency and on-call support, spare parts, retooling, retrofits, and equipment relocation; and contract manufacturing services, as well as after sales and services.
Featured Stories
Before you consider ATS, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ATS wasn't on the list.
While ATS currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
