Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. ATS Corporation.’s current trading price is -31.03% away from its 52-week high, while its distance from the 52-week low is 2.12%. The stock’s price range during this period has varied between $33.02 and $48.89. The company, active in the Industrials sector, saw a trading volume of around 0.22 million for the day, considerably higher average daily volume of 65090.0 observed over the last three months.
ATS Corporation.’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $48.89 on 07/18/23, and the lowest price during the same period was recorded at $33.02 on 11/01/23.
How Financial Performance Impacts Market Capitalization
ATS Corporation. (ATS) has experienced a quarterly decline of -22.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.34B and boasts a workforce of 6500 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 39.72, with a change in price of +0.35. Similarly, ATS Corporation. recorded 69,697 in trading volume during the last 100 days, posting a change of +1.05%.
How ATS’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ATS stands at 0.83. Similarly, the long-term debt-to-equity ratio is also 0.81.
ATS Stock Stochastic Average
As of today, the raw stochastic average of ATS Corporation. over the past 50 days is 3.35%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 6.67%. Additionally, the Stochastic %K and %D values for the company were 12.65% and 20.08%, respectively, over the past 20 days.
ATS Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -21.71%.However, over the last six months, we can see a stronger performance of -21.16%. Over the last 30 days, the price of ATS has leaped by -11.61%. And in the last five days, it has fallen by -9.04%.
