Advantest Corp. (OTCMKTS:ATEYY – Get Free Report) saw an uptick in trading volume on Thursday. Approximately 486,251 shares were traded during trading, an increase of 318% from the previous session’s volume of 116,322 shares. The stock last traded at $206.34 and had previously closed at $220.88.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded Advantest from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 15th. Two equities research analysts have rated the stock with a Strong Buy rating. According to MarketBeat.com, the company currently has an average rating of “Strong Buy”.
Get Our Latest Analysis on ATEYY
Advantest Stock Performance
The firm has a market capitalization of $148.96 billion, a PE ratio of 50.12 and a beta of 2.17. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.85 and a current ratio of 2.67. The company’s fifty day moving average price is $222.92 and its two-hundred day moving average price is $195.20.
Advantest (OTCMKTS:ATEYY – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $1.51 earnings per share (EPS) for the quarter. Advantest had a net margin of 37.15% and a return on equity of 58.10%. The firm had revenue of $2.31 billion during the quarter. As a group, equities analysts expect that Advantest Corp. will post 6.48 earnings per share for the current year.
Advantest Company Profile
Advantest Corporation is a Japan-based manufacturer of semiconductor test systems and measurement equipment. Its products help semiconductor manufacturers and electronics companies evaluate the performance, quality and reliability of integrated circuits throughout the production process.
The company’s offerings include automated test equipment for system-on-chip, memory and other semiconductor devices, as well as test handlers, device interfaces and measurement solutions. Advantest also provides system-level test products and related engineering, maintenance and support services.
Founded in 1954 as Takeda Riken Industry Co, Ltd., the company adopted the name Advantest Corporation in 1985.
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