Advantest (OTCMKTS:ATEYY) Stock Rating Upgraded by Zacks Research

Zacks Research upgraded shares of Advantest (OTCMKTS:ATEYY) from a hold rating to a strong-buy rating in a report published on Wednesday,Zacks.com reports.

Separately, Wall Street Zen upgraded Advantest from a “hold” rating to a “buy” rating in a report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Advantest has an average rating of “Buy”.

Advantest Price Performance

Shares of OTCMKTS ATEYY opened at $103.80 on Wednesday. Advantest has a twelve month low of $33.70 and a twelve month high of $107.06. The firm has a 50-day moving average of $82.76 and a two-hundred day moving average of $64.53.

Advantest (OTCMKTS:ATEYY) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $0.85 earnings per share for the quarter. The business had revenue of $1.83 billion during the quarter. Equities analysts predict that Advantest will post 1.61 earnings per share for the current fiscal year.

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.