ATS Co. (TSE:ATS - Get Free Report) shot up 2.1% during trading on Monday . The company traded as high as C$42.61 and last traded at C$42.33. 153,471 shares changed hands during trading, a decline of 35% from the average session volume of 237,109 shares. The stock had previously closed at C$41.46.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. TD Securities cut their target price on ATS from C$58.00 to C$54.00 and set a "buy" rating for the company in a research report on Monday, May 12th. Scotiabank set a C$43.00 price objective on ATS and gave the stock a "hold" rating in a research note on Tuesday, April 29th.
Read Our Latest Report on ATS
ATS Stock Down 1.0%
The firm has a market capitalization of C$4.13 billion, a price-to-earnings ratio of 46.26 and a beta of 1.36. The firm's 50 day moving average is C$37.87 and its 200 day moving average is C$39.49.
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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