Advantest Co. (OTCMKTS:ATEYY - Get Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $54.43 and traded as low as $35.40. Advantest shares last traded at $35.81, with a volume of 212,624 shares traded.
Wall Street Analyst Weigh In
Separately, Sanford C. Bernstein downgraded Advantest from a "strong-buy" rating to a "market perform" rating in a research note on Monday, March 24th.
Check Out Our Latest Report on ATEYY
Advantest Price Performance
The firm has a fifty day moving average price of $52.69 and a two-hundred day moving average price of $55.38. 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 stock has a market capitalization of $30.75 billion, a P/E ratio of 34.16 and a beta of 1.45.
Advantest (OTCMKTS:ATEYY - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The company reported $0.46 earnings per share for the quarter. Advantest had a net margin of 19.95% and a return on equity of 29.15%. On average, analysts expect that Advantest Co. will post 1.61 EPS for the current year.
About Advantest
(
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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.
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