Zacks Investment Research Upgrades Advantest (ATEYY) to Buy

Advantest (OTCMKTS:ATEYY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Tuesday, March 13th. The brokerage presently has a $24.00 price objective on the stock. Zacks Investment Research‘s price target suggests a potential upside of 11.63% from the stock’s current price.

According to Zacks, “Advantest Corporation is one of the world’s leading automatic test equipment suppliers to the semiconductor industry, and is also a producer of electronic and optoelectronic instruments and systems. A global company, Advantest has long offered total ATE solutions, and serves the industry in every component of semiconductor test: tester, handler, mechanical and electrical interfaces, and software. Its logic, memory, mixed-signal and RF testers, and device handlers, are integrated into the most advanced semiconductor fabrication lines in the world. “

Shares of Advantest stock traded down $0.08 during trading on Tuesday, reaching $21.50. The company had a trading volume of 200 shares, compared to its average volume of 1,883. Advantest has a 52 week low of $16.46 and a 52 week high of $23.40. The company has a market capitalization of $3,784.31, a price-to-earnings ratio of 39.24, a PEG ratio of 1.78 and a beta of 0.68. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.02 and a current ratio of 4.04.

ILLEGAL ACTIVITY WARNING: “Zacks Investment Research Upgrades Advantest (ATEYY) to Buy” was first posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at

Advantest Company Profile

Advantest Corporation manufactures and sells semiconductor and component test system products and mechatronics-related products, such as test handlers and device interfaces. The Company engages in research and development activities, and provides maintenance and support services associated with these products.

Get a free copy of the Zacks research report on Advantest (ATEYY)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for Advantest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advantest and related companies with's FREE daily email newsletter.

Leave a Reply