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

Advantest logo with Computer and Technology background

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

(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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