Advantest (OTCMKTS:ATEYY) Shares Down 0.7% – Should You Sell?

Advantest Co. (OTCMKTS:ATEYY) fell 0.7% during mid-day trading on Thursday . The stock traded as low as $58.87 and last traded at $59.25. 143,391 shares changed hands during trading, an increase of 31% from the average session volume of 109,449 shares. The stock had previously closed at $59.66.

Analyst Ratings Changes

Separately, Sanford C. Bernstein upgraded shares of Advantest to a “strong-buy” rating in a report on Monday, October 7th.

Advantest Stock Up 0.7 %

The firm has a market cap of $44.02 billion, a price-to-earnings ratio of 62.79 and a beta of 1.39. The firm has a 50-day moving average of $58.87 and a two-hundred day moving average of $50.45. The company has a current ratio of 3.04, a quick ratio of 1.58 and a debt-to-equity ratio of 0.17.

Advantest (OTCMKTS:ATEYY) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.41 earnings per share for the quarter. The company had revenue of $1.28 billion during the quarter. Advantest had a return on equity of 24.47% and a net margin of 17.67%. As a group, sell-side analysts predict that Advantest Co. will post 1.18 earnings per share for the current fiscal year.

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.