Could ATS Automation Tooling Systems Inc. Gain Strenght? The Stock Reaches 52-Week Low

 Could ATS Automation Tooling Systems Inc. Gain Strenght? The Stock Reaches 52 Week Low

The stock of ATS Automation Tooling Systems Inc. (TSE:ATA) is a huge mover today! About 78,055 shares traded hands. ATS Automation Tooling Systems Inc. (TSE:ATA) has risen 15.35% since March 28, 2016 and is uptrending. It has outperformed by 12.33% the S&P500.
The move comes after 7 months negative chart setup for the $1.01 billion company. It was reported on Nov, 1 by Barchart.com. We have $10.72 PT which if reached, will make TSE:ATA worth $50.50 million less.

ATS Automation Tooling Systems Inc. (TSE:ATA) Ratings Coverage

Out of 6 analysts covering ATS Automation Tooling Systems Inc. (TSE:ATA), 3 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 50% are positive. $18 is the highest target while $8 is the lowest. The $12.42 average target is 10.11% above today’s ($11.28) stock price. ATS Automation Tooling Systems Inc. has been the topic of 15 analyst reports since August 13, 2015 according to StockzIntelligence Inc. On Thursday, August 13 the stock rating was maintained by Scotia Capital with “Focus Stock”. TD Securities maintained the stock with “Hold” rating in Thursday, August 18 report. RBC Capital Markets maintained ATS Automation Tooling Systems Inc. (TSE:ATA) on Friday, May 20 with “Sector Perform” rating. On Wednesday, December 30 the stock rating was downgraded by TD Securities to “Hold”. The firm earned “Sell” rating on Thursday, February 4 by Paradigm Research. The stock of ATS Automation Tooling Systems Inc. (TSE:ATA) earned “Hold” rating by Paradigm Research on Thursday, August 18.

Another recent and important ATS Automation Tooling Systems Inc. (TSE:ATA) news was published by Moodys.com which published an article titled: “Moody’s assigns Ba3 CFR to ATS Automation Tooling” on June 09, 2015.

ATS Automation Tooling Systems Inc. is an automation solutions provider. The company has a market cap of $1.01 billion. The Firm is engaged in planning, designing, building, commissioning and servicing automated manufacturing and assembly systems, including automation products and test solutions. It has a 25.06 P/E ratio. The Automation Systems segment creates and manufactures custom-engineered automated manufacturing and test systems, and provides pre-automation and post-automation services.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment