Wall Street Zen cut shares of Advantest (OTCMKTS:ATEYY - Free Report) from a buy rating to a hold rating in a research note released on Monday.
Separately, Sanford C. Bernstein lowered Advantest from a "strong-buy" rating to a "market perform" rating in a research note on Monday, March 24th.
View Our Latest Stock Analysis on Advantest
Advantest Stock Up 1.2%
ATEYY traded up $0.92 on Monday, hitting $76.88. The company's stock had a trading volume of 119,752 shares, compared to its average volume of 162,499. Advantest has a 12 month low of $33.70 and a 12 month high of $77.65. The company's 50 day simple moving average is $57.89 and its 200-day simple moving average is $54.58. The firm has a market cap of $56.74 billion, a P/E ratio of 63.02 and a beta of 1.60.
About Advantest
(
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Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics related products in Japan, the Americas, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Services, Support and Others.
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