Advantest (OTCMKTS:ATEYY) Stock Rating Upgraded by Goldman Sachs Group

Goldman Sachs Group upgraded shares of Advantest (OTCMKTS:ATEYY) from a sell rating to a neutral rating in a research report report published on Tuesday, October 30th, The Fly reports.

Other equities research analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of Advantest from a strong-buy rating to a hold rating in a research note on Monday, October 22nd. ValuEngine downgraded shares of Advantest from a buy rating to a hold rating in a research report on Wednesday, September 12th.

ATEYY stock remained flat at $$19.36 during midday trading on Tuesday. 44 shares of the company traded hands, compared to its average volume of 1,014. The firm has a market capitalization of $3.40 billion, a price-to-earnings ratio of 23.05, a price-to-earnings-growth ratio of 0.74 and a beta of 1.11. Advantest has a 1-year low of $16.20 and a 1-year high of $25.80.

About Advantest

Advantest Corporation manufactures and sells semiconductor and component test system products and mechatronics-related products. It operates through Semiconductor and Component Test System; Mechatronics System; and Services, Support and Others segments. The Semiconductor and Component Test System segment provides customers with test system products for the semiconductor industry and the electronic parts industry.

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