ATS Automation Tooling Systems (TSE:ATA) Share Price Crosses Above 200 Day Moving Average of $0.00

ATS Automation Tooling Systems Inc. (TSE:ATA) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.00 and traded as high as C$36.86. ATS Automation Tooling Systems shares last traded at C$36.63, with a volume of 342,311 shares trading hands.

A number of research firms have recently weighed in on ATA. National Bankshares lifted their price target on shares of ATS Automation Tooling Systems from C$33.00 to C$38.00 in a research report on Friday, May 21st. National Bank Financial lifted their price target on shares of ATS Automation Tooling Systems to C$38.00 and gave the company an “outperform” rating in a research report on Friday, May 21st. Scotiabank lifted their price target on shares of ATS Automation Tooling Systems from C$35.50 to C$44.00 in a research report on Friday, May 21st. TD Securities reiterated a “buy” rating and issued a C$41.00 price target (up from C$37.00) on shares of ATS Automation Tooling Systems in a research report on Monday, July 5th. Finally, Cormark lifted their price objective on shares of ATS Automation Tooling Systems from C$41.50 to C$42.50 in a research note on Sunday, June 6th.

The business’s 50 day moving average is C$33.20. The stock has a market capitalization of C$3.39 billion and a price-to-earnings ratio of 53.36. The company has a debt-to-equity ratio of 55.47, a current ratio of 1.40 and a quick ratio of 1.14.

ATS Automation Tooling Systems (TSE:ATA) last posted its earnings results on Thursday, May 20th. The company reported C$0.34 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.30 by C$0.04. The company had revenue of C$399.90 million for the quarter, compared to the consensus estimate of C$383.70 million. Analysts anticipate that ATS Automation Tooling Systems Inc. will post 1.8600001 earnings per share for the current fiscal year.

In other ATS Automation Tooling Systems news, Senior Officer Chris Hart sold 10,000 shares of the business’s stock in a transaction on Monday, June 14th. The shares were sold at an average price of C$33.84, for a total transaction of C$338,442.00.

About ATS Automation Tooling Systems (TSE:ATA)

ATS Automation Tooling Systems Inc, together with its subsidiaries, provides automation solutions worldwide. The company is also involved in the planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. It offers enterprise solutions in the areas of project management; partners/suppliers/vendors team selection and coordination; facility layouts and operational design; business case development and project justification; post project service, spare parts, and support; and system design, built, integration, commissioning, validation, training and start up.

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