Advantest (OTCMKTS:ATEYY) Sets New 12-Month High at $49.95

Advantest Corp (OTCMKTS:ATEYY)’s stock price hit a new 52-week high on Monday . The company traded as high as $49.95 and last traded at $49.22, with a volume of 3219 shares changing hands. The stock had previously closed at $48.71.

Separately, Zacks Investment Research raised shares of Advantest from a “hold” rating to a “strong-buy” rating and set a $49.00 price objective for the company in a research report on Monday, September 9th.

The company has a current ratio of 3.86, a quick ratio of 2.88 and a debt-to-equity ratio of 0.04. The business’s 50-day moving average is $44.51 and its two-hundred day moving average is $33.61. The firm has a market cap of $9.45 billion, a P/E ratio of 18.86, a P/E/G ratio of 1.91 and a beta of 1.26.

Advantest (OTCMKTS:ATEYY) last announced its quarterly earnings data on Tuesday, August 13th. The company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.16. Advantest had a net margin of 19.87% and a return on equity of 28.78%. The business had revenue of $602.10 million during the quarter, compared to the consensus estimate of $563.64 million. On average, analysts anticipate that Advantest Corp will post 1.65 earnings per share for the current year.

Advantest Company Profile (OTCMKTS:ATEYY)

Advantest Corporation manufactures and sells semiconductor and component test system products and mechatronics-related products. It operates through Semiconductor and Component Test System; Mechatronics System; and Services, Support and Others segments. The Semiconductor and Component Test System segment provides customers with test system products for the semiconductor industry and the electronic parts industry.

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