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Advantest (OTCMKTS:ATEYY) Shares Gap Down - Should You Sell?

Advantest logo with Computer and Technology background

Advantest Corp. (OTCMKTS:ATEYY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $79.64, but opened at $76.40. Advantest shares last traded at $75.34, with a volume of 7,932 shares trading hands.

Analyst Ratings Changes

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

Get Our Latest Report on ATEYY

Advantest Trading Down 6.1%

The firm has a market capitalization of $55.21 billion, a price-to-earnings ratio of 61.31 and a beta of 1.60. The company has a fifty day moving average price of $62.50 and a two-hundred day moving average price of $55.55.

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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