ATS (OTCMKTS:ATSAF) Shares Cross Above 200-Day Moving Average – Here’s What Happened

ATS Co. (OTCMKTS:ATSAF)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $29.59 and traded as high as $34.34. ATS shares last traded at $34.28, with a volume of 101,679 shares.

Wall Street Analysts Forecast Growth

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

ATS Stock Up 3.9%

The company’s fifty day simple moving average is $31.36 and its 200 day simple moving average is $29.64.

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.