Advantest (OTCMKTS:ATEYY) Issues Quarterly Earnings Results

Advantest (OTCMKTS:ATEYY) issued its earnings results on Wednesday. The company reported $0.41 earnings per share for the quarter, reports. The business 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%.

Advantest Price Performance

Shares of OTCMKTS:ATEYY opened at $57.89 on Friday. Advantest has a twelve month low of $25.90 and a twelve month high of $61.25. The stock’s 50 day moving average is $47.86 and its 200-day moving average is $41.07. The company has a quick ratio of 1.58, a current ratio of 3.04 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $42.73 billion, a price-to-earnings ratio of 60.94 and a beta of 1.48.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded shares of Advantest to a “strong-buy” rating in a research note 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.