Advantest (OTCMKTS:ATEYY) Releases Earnings Results

Advantest (OTCMKTS:ATEYY - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.46 EPS for the quarter, Zacks reports. Advantest had a return on equity of 29.75% and a net margin of 19.95%.

Advantest Price Performance

OTCMKTS:ATEYY traded down $1.75 during trading hours on Friday, reaching $55.34. 93,732 shares of the company were exchanged, compared to its average volume of 99,961. The company has a market capitalization of $40.84 billion, a P/E ratio of 45.36 and a beta of 1.39. Advantest has a 1-year low of $31.52 and a 1-year high of $65.40. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.98 and a quick ratio of 1.73. The business has a 50 day moving average of $58.66 and a 200 day moving average of $51.68.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein upgraded Advantest to a "strong-buy" rating in a report on Monday, October 7th.

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.