Advantest Corp. (OTCMKTS:ATEYY - Get Free Report) shares hit a new 52-week high on Saturday . The company traded as high as $109.99 and last traded at $106.75, with a volume of 64056 shares traded. The stock had previously closed at $103.80.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on ATEYY shares. Wall Street Zen raised shares of Advantest from a "hold" rating to a "buy" rating in a research note on Friday, August 8th. Zacks Research raised shares of Advantest from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Buy".
Check Out Our Latest Stock Analysis on ATEYY
Advantest Stock Performance
The company has a market cap of $78.79 billion, a price-to-earnings ratio of 87.50 and a beta of 1.84. The stock's fifty day simple moving average is $83.39 and its two-hundred day simple moving average is $64.87.
Advantest (OTCMKTS:ATEYY - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $0.85 earnings per share for the quarter. The company had revenue of $1.83 billion during the quarter. Analysts predict that Advantest Corp. will post 1.61 EPS for the current fiscal year.
Advantest Company Profile
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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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