Advantest (OTCMKTS:ATEYY – Get Free Report) issued its earnings results on Wednesday. The company reported $0.41 earnings per share (EPS) for the quarter, reports. Advantest had a net margin of 14.65% and a return on equity of 18.20%. The company had revenue of $1.28 billion for the quarter.
Advantest Trading Down 4.9 %
Shares of Advantest stock opened at $57.78 on Friday. The company’s fifty day simple moving average is $47.59 and its 200-day simple moving average is $40.95. The stock has a market capitalization of $42.64 billion, a PE ratio of 82.54 and a beta of 1.48. Advantest has a 1-year low of $23.48 and a 1-year high of $61.25. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.33 and a quick ratio of 1.71.
Analyst Upgrades and Downgrades
Separately, Sanford C. Bernstein upgraded shares of 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.
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