Wall Street Zen cut shares of Advantest (OTCMKTS:ATEYY - Free Report) from a buy rating to a hold rating in a research note issued to investors on Saturday.
Separately, Sanford C. Bernstein downgraded Advantest from a "strong-buy" rating to a "market perform" rating in a report on Monday, March 24th.
View Our Latest Stock Analysis on Advantest
Advantest Stock Down 0.9%
Shares of Advantest stock traded down $0.44 during midday trading on Friday, hitting $50.25. The company's stock had a trading volume of 94,878 shares, compared to its average volume of 163,611. The stock has a 50-day simple moving average of $44.15 and a 200-day simple moving average of $53.32. Advantest has a 1-year low of $32.91 and a 1-year high of $65.40. The firm has a market capitalization of $37.09 billion, a P/E ratio of 41.19 and a beta of 1.44. The company has a quick ratio of 1.78, a current ratio of 2.94 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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