ATS (OTCMKTS:ATSAF) Stock Crosses Above Fifty Day Moving Average – Here’s Why

ATS Co. (OTCMKTS:ATSAF)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $30.49 and traded as high as $30.70. ATS shares last traded at $30.39, with a volume of 133,217 shares trading hands.

Analysts Set New Price Targets

Separately, Scotiabank reiterated an “outperform” rating on shares of ATS in a report on Thursday, February 5th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, ATS currently has a consensus rating of “Buy”.

ATS Stock Performance

The stock has a 50 day moving average price of $30.49 and a 200 day moving average price of $28.27.

About ATS

ATS Automation Tooling Systems Inc (OTCMKTS:ATSAF) is a global engineering and manufacturing specialist that designs, builds and integrates automated production systems. The company delivers end-to-end solutions for a variety of industries, including life sciences, healthcare, clean technology, consumer products and transportation. Its expertise spans the development of precision machinery, robotics and machine vision platforms to optimize assembly, testing and packaging processes.

ATS’s services cover the full project lifecycle, from initial concept and feasibility studies through detailed engineering, fabrication, software integration and commissioning.