Shares of Advantest Corp. (OTCMKTS:ATEYY - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $77.65 and last traded at $76.20, with a volume of 12825 shares trading hands. The stock had previously closed at $75.77.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on the company. Wall Street Zen downgraded Advantest from a "buy" rating to a "hold" rating in a research note on Monday. Sanford C. Bernstein lowered shares of Advantest from a "strong-buy" rating to a "market perform" rating in a report on Monday, March 24th.
Get Our Latest Analysis on ATEYY
Advantest Stock Up 0.3%
The stock has a market capitalization of $55.92 billion, a P/E ratio of 62.26 and a beta of 1.60. The business's 50 day simple moving average is $57.89 and its two-hundred day simple moving average is $54.58.
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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