Shares of Advantest Corp. (OTCMKTS:ATEYY - Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $77.65 and last traded at $76.20, with a volume of 12825 shares. The stock had previously closed at $75.77.
Wall Street Analysts Forecast Growth
Several analysts have commented on ATEYY shares. Sanford C. Bernstein cut shares of Advantest from a "strong-buy" rating to a "market perform" rating in a research note on Monday, March 24th. Wall Street Zen cut shares of Advantest from a "buy" rating to a "hold" rating in a research note on Monday.
Check Out Our Latest Stock Analysis on Advantest
Advantest Stock Performance
The firm has a market capitalization of $56.06 billion, a P/E ratio of 62.93 and a beta of 1.60. The stock's 50 day simple moving average is $58.55 and its 200 day simple moving average is $54.71.
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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