Advantest (OTCMKTS:ATEYY) Stock Rating Upgraded by Wall Street Zen

Advantest (OTCMKTS:ATEYY) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Friday.

Separately, Sanford C. Bernstein lowered Advantest from a “strong-buy” rating to a “market perform” rating in a research report on Monday, March 24th.

Advantest Price Performance

Shares of ATEYY stock opened at $58.26 on Friday. Advantest has a twelve month low of $33.19 and a twelve month high of $65.40. The business has a fifty day simple moving average of $46.27 and a 200 day simple moving average of $52.85. 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 company has a market cap of $43.00 billion, a P/E ratio of 47.75 and a beta of 1.50.

Advantest Company Profile

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.