Advantest Corp (OTCMKTS:ATEYY) reached a new 52-week high during trading on Friday . The stock traded as high as $53.12 and last traded at $53.12, with a volume of 1119 shares trading hands. The stock had previously closed at $50.94.
Separately, Zacks Investment Research cut shares of Advantest from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 3rd.
The company’s 50 day moving average price is $49.64 and its two-hundred day moving average price is $39.28. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.86 and a quick ratio of 2.88. The stock has a market capitalization of $9.87 billion, a PE ratio of 20.35, a P/E/G ratio of 1.96 and a beta of 1.31.
About Advantest (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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