ATS Automation Tooling Systems (OTCMKTS:ATSAF) Stock Passes Below 200 Day Moving Average of $13.52

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ATS Automation Tooling Systems Inc. (OTCMKTS:ATSAF) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.52 and traded as low as $13.22. ATS Automation Tooling Systems shares last traded at $13.25, with a volume of 1,790 shares traded.

Several brokerages have recently commented on ATSAF. Royal Bank of Canada raised their target price on shares of ATS Automation Tooling Systems from $21.00 to $22.00 and gave the stock a “sector perform” rating in a report on Thursday, August 13th. TD Securities increased their price target on shares of ATS Automation Tooling Systems from $24.00 to $26.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Finally, Scotiabank increased their price target on shares of ATS Automation Tooling Systems from $27.50 to $28.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th.

The company’s 50-day moving average is $13.92 and its 200-day moving average is $13.53.

ATS Automation Tooling Systems Company Profile (OTCMKTS:ATSAF)

ATS Automation Tooling Systems Inc provides factory automation solutions worldwide. The company is involved in the planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. Its products include ATS Supertrak, a modular conveyor system; ATS OmniTrak optimal solution; LogiTrack automated electrified monorail for transporting heavy workloads through assembly operations; Sortimat Clearliner, a tray handler for clean room requirement; Sortimat Workliner tray handling technology; Sortimat Birkman, a feeder technology for sorting, transporting, and separating parts; ATS Cortex system, a vision device that reduces integration time with standardized hardware and software; and ATS SmartVision software, a PC-based vision system.

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