Wall Street Zen downgraded shares of Advantest (OTCMKTS:ATEYY - Free Report) from a buy rating to a hold rating in a research note released on Saturday morning.
Separately, Sanford C. Bernstein cut shares of Advantest from a "strong-buy" rating to a "market perform" rating in a report on Monday, March 24th.
View Our Latest Stock Report on Advantest
Advantest Stock Down 1.0%
Shares of OTCMKTS ATEYY traded down $0.47 during midday trading on Friday, reaching $47.40. The company's stock had a trading volume of 73,516 shares, compared to its average volume of 164,887. The stock has a market capitalization of $34.98 billion, a price-to-earnings ratio of 38.85 and a beta of 1.44. Advantest has a fifty-two week low of $32.91 and a fifty-two week high of $65.40. The stock has a 50 day simple moving average of $44.33 and a 200-day simple moving average of $53.36. The company has a current ratio of 2.94, a quick ratio of 1.78 and a debt-to-equity ratio of 0.15.
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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