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

Shares of ATS Co. (NYSE:ATS - Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as $21.90 and last traded at $22.10, with a volume of 6611 shares traded. The stock had previously closed at $23.50.

ATS Price Performance

The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.58 and a current ratio of 1.92. The stock's 50 day simple moving average is $27.09 and its 200-day simple moving average is $28.79. The firm has a market cap of $2.36 billion, a price-to-earnings ratio of 36.45 and a beta of 1.10.

ATS (NYSE:ATS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 EPS for the quarter, meeting the consensus estimate of $0.23. ATS had a net margin of 3.27% and a return on equity of 9.95%. Equities research analysts anticipate that ATS Co. will post 1.02 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of ATS by 94.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,772 shares of the company's stock valued at $54,000 after purchasing an additional 860 shares in the last quarter. Tower Research Capital LLC TRC grew its position in ATS by 561.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,171 shares of the company's stock valued at $66,000 after buying an additional 1,843 shares during the period. Northwest & Ethical Investments L.P. increased its holdings in ATS by 7.9% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,527 shares of the company's stock valued at $199,000 after buying an additional 478 shares in the last quarter. Deutsche Bank AG raised its position in shares of ATS by 41.6% in the fourth quarter. Deutsche Bank AG now owns 7,320 shares of the company's stock worth $223,000 after acquiring an additional 2,149 shares during the period. Finally, Mariner LLC boosted its stake in shares of ATS by 8.0% during the 4th quarter. Mariner LLC now owns 9,328 shares of the company's stock worth $284,000 after acquiring an additional 689 shares in the last quarter. 75.84% of the stock is owned by institutional investors and hedge funds.

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About ATS

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.