Shares of Advantest Corp. (OTCMKTS:ATEYY – Get Free Report) gapped up prior to trading on Monday. The stock had previously closed at $215.90, but opened at $226.9850. Advantest shares last traded at $227.0750, with a volume of 17,115 shares.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of Advantest from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating. According to MarketBeat, the stock currently has an average rating of “Strong Buy”.
Check Out Our Latest Report on ATEYY
Advantest Trading Up 6.1%
The company has a debt-to-equity ratio of 0.09, a current ratio of 2.67 and a quick ratio of 1.85. The stock has a market cap of $167.72 billion, a price-to-earnings ratio of 45.92 and a beta of 2.32. The business’s 50 day moving average is $221.84 and its 200 day moving average is $185.87.
Advantest (OTCMKTS:ATEYY – Get Free Report) last released its earnings results on Wednesday, October 28th. The company reported $1.67 earnings per share (EPS) for the quarter. Advantest had a return on equity of 67.22% and a net margin of 39.57%. The business had revenue of $3 billion for the quarter. As a group, equities analysts expect that Advantest Corp. will post 6.48 earnings per share for the current fiscal 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.
Featured Articles
- Five stocks we like better than Advantest
- Alphabet’s $400 Billion Sell-Off Could Be the Best AI Buying Window Left in 2026
- 3 Tech Stocks Boosting Buyback Capacity in the Face of the Sector’s Recent Tumble
- Strategy Pauses Bitcoin Buys to Focus on Preferred Stock Buybacks
- Uranium Prices Are Near Historic Highs—So Why Hasn’t Cameco Followed?
Receive News & Ratings for Advantest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advantest and related companies with MarketBeat.com's FREE daily email newsletter.
