Advantest Corp. (OTCMKTS:ATEYY – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $216.24, but opened at $201.75. Advantest shares last traded at $198.7160, with a volume of 120,836 shares changing hands.
Wall Street Analyst Weigh In
A number of research firms have commented on ATEYY. Sanford C. Bernstein raised shares of Advantest from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 15th. Wall Street Zen upgraded Advantest from a “hold” rating to a “buy” rating in a research report on Monday, April 27th. Finally, Zacks Research raised Advantest from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 17th. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy”.
View Our Latest Stock Analysis on Advantest
Advantest Stock Down 6.7%
Advantest (OTCMKTS:ATEYY – Get Free Report) last released its quarterly earnings data on Monday, April 27th. The company reported $1.11 EPS for the quarter. The business had revenue of $2.09 billion during the quarter. Advantest had a net margin of 33.21% and a return on equity of 59.63%. Equities research analysts expect that Advantest Corp. will post 4.95 earnings per share for the current year.
Advantest Company Profile
Advantest Corporation (OTCMKTS: ATEYY) is a Japan-headquartered company that specializes in the design, manufacture and sale of semiconductor test equipment and related measurement systems. Its core business is supplying automatic test equipment (ATE) and test solutions used by semiconductor manufacturers, fabless companies and outsourced test houses to validate integrated circuits, memory products, system-on-chip (SoC) devices and a broad range of analog, digital and mixed-signal components.
The company’s product portfolio includes handlers and test systems for packaged devices and wafer-level test, testers for memory and logic devices, signal and measurement instruments, and test interface and support products.
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