ATS (NYSE:ATS) Hits New 12-Month Low – Here’s What Happened

ATS Co. (NYSE:ATS)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $24.52 and last traded at $24.74, with a volume of 4176 shares traded. The stock had previously closed at $24.93.

ATS Stock Up 3.3 %

The stock has a market capitalization of $2.56 billion, a price-to-earnings ratio of 39.67 and a beta of 0.98. The business has a 50-day moving average of $27.83 and a 200-day moving average of $29.09. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.58 and a current ratio of 1.92.

ATS (NYSE:ATS) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 EPS for the quarter, hitting analysts’ consensus estimates of $0.23. ATS had a return on equity of 9.95% and a net margin of 3.27%. On average, sell-side analysts expect that ATS Co. will post 1.02 EPS for the current year.

Institutional Trading of ATS

Institutional investors have recently modified their holdings of the business. Charles Schwab Investment Management Inc. raised its position in shares of ATS by 3.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 192,877 shares of the company’s stock worth $5,602,000 after purchasing an additional 5,703 shares during the last quarter. FMR LLC increased its holdings in shares of ATS by 9.5% during the 3rd quarter. FMR LLC now owns 1,639,373 shares of the company’s stock worth $47,565,000 after buying an additional 142,671 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of ATS by 24.4% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,708 shares of the company’s stock valued at $631,000 after purchasing an additional 4,251 shares in the last quarter. Quadrature Capital Ltd grew its stake in ATS by 188.8% during the third quarter. Quadrature Capital Ltd now owns 118,400 shares of the company’s stock worth $3,442,000 after buying an additional 77,400 shares during the period. Finally, Jane Street Group LLC boosted its position in ATS by 33.6% during the 3rd quarter. Jane Street Group LLC now owns 40,970 shares of the company’s stock worth $1,189,000 after purchasing an additional 10,314 shares during the period. 75.84% of the stock is currently owned by hedge funds and other institutional investors.

ATS Company Profile

ATS Corporation, together with its subsidiaries, provides automation solutions worldwide. The company is also involved in planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. In addition, it offers pre-automation services comprising discovery and analysis, concept development, simulation, and total cost of ownership modelling; post automation services, including training, process optimization, preventative maintenance, emergency and on-call support, spare parts, retooling, retrofits, and equipment relocation; and contract manufacturing services, as well as after sales and services.