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Advantest (OTCMKTS:ATEYY) Shares Gap Up - Should You Buy?

Advantest logo with Computer and Technology background

Advantest Corp. (OTCMKTS:ATEYY - Get Free Report)'s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $65.05, but opened at $68.93. Advantest shares last traded at $66.56, with a volume of 59,007 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. 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. Wall Street Zen raised shares of Advantest from a "hold" rating to a "buy" rating in a research note on Friday, June 13th.

Get Our Latest Stock Report on Advantest

Advantest Price Performance

The business's 50 day moving average is $47.73 and its 200-day moving average is $52.99. The company has a market cap of $49.17 billion, a PE ratio of 54.61 and a beta of 1.50.

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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