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Advantest (OTCMKTS:ATEYY) Reaches New 52-Week High - Here's Why

Advantest logo with Computer and Technology background

Advantest Corp. (OTCMKTS:ATEYY - Get Free Report)'s share price 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.

Analyst Ratings Changes

Several brokerages have commented on ATEYY. Sanford C. Bernstein cut shares of Advantest from a "strong-buy" rating to a "market perform" rating in a research report on Monday, March 24th. Wall Street Zen cut shares of Advantest from a "buy" rating to a "hold" rating in a research report on Monday, July 7th.

View Our Latest Research Report on Advantest

Advantest Stock Up 0.1%

The firm's 50-day simple moving average is $59.20 and its 200 day simple moving average is $54.85. The stock has a market capitalization of $56.74 billion, a P/E ratio of 63.10 and a beta of 1.60.

Advantest Company Profile

(Get Free Report)

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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