Advantest Corp. (OTCMKTS:ATEYY - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $79.81 and last traded at $79.48, with a volume of 28160 shares trading hands. The stock had previously closed at $78.01.
Analysts Set New Price Targets
Several equities research analysts have commented on ATEYY shares. Sanford C. Bernstein cut Advantest from a "strong-buy" rating to a "market perform" rating in a research note on Monday, March 24th. Wall Street Zen cut Advantest from a "buy" rating to a "hold" rating in a research note on Monday, July 7th.
View Our Latest Report on ATEYY
Advantest Trading Down 6.1%
The company has a market cap of $58.78 billion, a P/E ratio of 61.31 and a beta of 1.60. The business has a 50 day moving average price of $62.50 and a 200-day moving average price of $55.56.
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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