ATS (OTCMKTS:ATSAF) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Shares of ATS Co. (OTCMKTS:ATSAF) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $30.31 and traded as high as $30.67. ATS shares last traded at $30.58, with a volume of 183,497 shares changing hands.

Analysts Set New Price Targets

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

ATS Price Performance

The company’s 50-day simple moving average is $30.31 and its two-hundred day simple moving average is $28.13.

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.