Advantest Corp. (OTCMKTS:ATEYY - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $70.52 and last traded at $67.99, with a volume of 25713 shares changing hands. The stock had previously closed at $67.26.
Analysts Set New Price Targets
ATEYY has been the topic of several research analyst reports. Wall Street Zen raised Advantest from a "hold" rating to a "buy" rating in a research report on Friday, June 13th. Sanford C. Bernstein cut Advantest from a "strong-buy" rating to a "market perform" rating in a research note on Monday, March 24th.
Read Our Latest Stock Analysis on Advantest
Advantest Stock Up 1.9%
The firm's 50-day simple moving average is $49.84 and its 200 day simple moving average is $53.16. The firm has a market cap of $50.56 billion, a P/E ratio of 56.16 and a beta of 1.50.
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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