ATS Co. (TSE:ATS - Get Free Report) shares dropped 7.8% on Monday . The company traded as low as C$40.13 and last traded at C$40.62. Approximately 151,103 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 223,371 shares. The stock had previously closed at C$44.05.
Analyst Ratings Changes
A number of equities analysts recently commented on ATS shares. Scotiabank set a C$43.00 price objective on ATS and gave the stock a "hold" rating in a report on Tuesday, April 29th. TD Securities dropped their price objective on ATS from C$58.00 to C$54.00 and set a "buy" rating on the stock in a report on Monday, May 12th.
View Our Latest Stock Analysis on ATS
ATS Stock Up 1.1%
The company has a market capitalization of C$3.97 billion, a P/E ratio of 44.45 and a beta of 1.36. The firm has a 50-day moving average price of C$40.23 and a two-hundred day moving average price of C$39.33.
About ATS
(
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ATS Corp formerly, ATS Automation Tooling Systems Inc is a Canada-based company that provides automation systems. The company designs and builds customized automated manufacturing and testing systems for customers, and provides pre- and post-automation services. The company's products comprise conveyor systems, automated electrified monorails, tray handlers, laser systems, and other hardware and software products.
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