ATS Co. (NYSE:ATS - Get Free Report) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 3,800,000 shares, a growth of 10.1% from the November 15th total of 3,450,000 shares. Based on an average daily trading volume, of 155,500 shares, the short-interest ratio is currently 24.4 days. Currently, 3.9% of the shares of the stock are short sold.
Shares of NYSE ATS traded up $0.39 during midday trading on Friday, reaching $31.39. 83,370 shares of the company were exchanged, compared to its average volume of 112,660. The stock's 50-day moving average price is $30.46 and its 200-day moving average price is $29.94. The stock has a market cap of $3.07 billion, a P/E ratio of 32.70 and a beta of 1.15. The company has a quick ratio of 1.71, a current ratio of 2.08 and a debt-to-equity ratio of 1.00. ATS has a one year low of $24.82 and a one year high of $44.70.
Institutional investors have recently added to or reduced their stakes in the business. Franklin Resources Inc. grew its position in shares of ATS by 125.0% in the 3rd quarter. Franklin Resources Inc. now owns 14,132 shares of the company's stock valued at $431,000 after buying an additional 7,850 shares during the last quarter. Barclays PLC bought a new stake in ATS in the third quarter valued at approximately $510,000. Geode Capital Management LLC boosted its holdings in ATS by 5.2% in the third quarter. Geode Capital Management LLC now owns 38,987 shares of the company's stock valued at $1,136,000 after acquiring an additional 1,920 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in ATS during the 3rd quarter worth approximately $722,000. Finally, National Bank of Canada FI lifted its position in shares of ATS by 29.0% in the 3rd quarter. National Bank of Canada FI now owns 418,651 shares of the company's stock worth $12,162,000 after purchasing an additional 94,158 shares during the period. 75.84% of the stock is owned by institutional investors.
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.
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