Advantest (OTCMKTS:ATEYY) Stock Rating Upgraded by Wall Street Zen

Wall Street Zen upgraded shares of Advantest (OTCMKTS:ATEYY - Free Report) from a hold rating to a buy rating in a research report sent to investors on Friday.

Separately, Sanford C. Bernstein downgraded shares of Advantest from a "strong-buy" rating to a "market perform" rating in a research note on Monday, March 24th.

Advantest Stock Up 1.1%

Shares of OTCMKTS:ATEYY traded up $0.65 during trading hours on Friday, reaching $58.91. The stock had a trading volume of 194,795 shares, compared to its average volume of 162,710. The stock has a market capitalization of $43.48 billion, a price-to-earnings ratio of 48.29 and a beta of 1.50. The firm's 50 day moving average is $46.27 and its 200-day moving average is $52.85. Advantest has a 1 year low of $33.19 and a 1 year high of $65.40. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.78 and a current ratio of 2.94.

About Advantest

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.