Advantest (OTCMKTS:ATEYY – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.85 earnings per share (EPS) for the quarter, Zacks reports. Advantest had a net margin of 19.95% and a return on equity of 29.15%.
Advantest Stock Up 4.7%
ATEYY opened at $73.40 on Wednesday. Advantest has a twelve month low of $33.70 and a twelve month high of $80.20. The company has a fifty day moving average of $65.96 and a 200-day moving average of $56.23. The stock has a market cap of $51.73 billion, a PE ratio of 60.16 and a beta of 1.60.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen cut shares of Advantest from a “buy” rating to a “hold” rating in a research report on Monday, July 7th.
About Advantest
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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