Advantest Corp. (OTCMKTS:ATEYY – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $164.42, but opened at $177.00. Advantest shares last traded at $173.60, with a volume of 4,790 shares.
Analyst Ratings Changes
Several brokerages recently commented on ATEYY. Zacks Research downgraded shares of Advantest from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Sanford C. Bernstein upgraded shares of Advantest from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 15th. Finally, Wall Street Zen raised Advantest from a “hold” rating to a “buy” rating in a research report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.
View Our Latest Analysis on Advantest
Advantest Price Performance
Advantest (OTCMKTS:ATEYY – Get Free Report) last released its earnings results on Monday, April 27th. The company reported $1.11 earnings per share for the quarter. Advantest had a return on equity of 59.63% and a net margin of 33.21%.The firm had revenue of $2.09 billion during the quarter. On average, equities analysts expect that Advantest Corp. will post 4.64 EPS for the current fiscal year.
About Advantest
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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