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Advantest (OTCMKTS:ATEYY) Rating Lowered to "Hold" at Wall Street Zen

Advantest logo with Computer and Technology background

Wall Street Zen lowered shares of Advantest (OTCMKTS:ATEYY - Free Report) from a buy rating to a hold rating in a report released on Saturday morning.

Separately, 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.

View Our Latest Research Report on Advantest

Advantest Stock Up 2.6%

Advantest stock traded up $1.32 during midday trading on Friday, hitting $51.57. 310,179 shares of the stock were exchanged, compared to its average volume of 165,061. The company has a quick ratio of 1.78, a current ratio of 2.94 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $38.06 billion, a price-to-earnings ratio of 42.27 and a beta of 1.44. The business's 50-day moving average price is $44.10 and its 200-day moving average price is $53.24. Advantest has a 52-week low of $32.91 and a 52-week high of $65.40.

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.

Further Reading

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