Short Interest in Tokyo Electron Limited (OTCMKTS:TOELY) Declines By 53.8% – MarketBeat
Tokyo Electron Limited (OTCMKTS:TOELY – Get Free Report) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totalling 42,700 shares, a drop of 53.8% from the April 30th total of 92,500 shares. Based on an average daily trading volume, of 162,900 shares, the days-to-cover ratio is currently 0.3 days.
Shares of TOELY traded down $3.33 during mid-day trading on Wednesday, hitting $111.07. The company’s stock had a trading volume of 40,492 shares, compared to its average volume of 207,005. The firm has a 50-day moving average price of $119.24 and a 200 day moving average price of $105.13. Tokyo Electron has a fifty-two week low of $63.84 and a fifty-two week high of $134.91. The stock has a market capitalization of $104.77 billion, a price-to-earnings ratio of 41.44 and a beta of 1.54.
Tokyo Electron (OTCMKTS:TOELY – Get Free Report) last posted its quarterly earnings results on Friday, May 10th. The company reported $0.82 earnings per share (EPS) for the quarter. The company had revenue of $3.69 billion for the quarter, compared to analysts’ expectations of $3.65 billion. Tokyo Electron had a return on equity of 22.45% and a net margin of 19.81%. As a group, equities analysts anticipate that Tokyo Electron will post 2.91 EPS for the current fiscal year.
Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally. The company offers coaters/developers, etch systems, surface preparation systems, deposition systems, test systems, wafer bonders/debonders, wafer edge trimming, SiC epitaxial CVD systems, gas cluster ion beam system, and cleaning systems.
See Also
- Five stocks we like better than Tokyo Electron
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Ralph Lauren Slingshots Higher as Sentiment Improves for Retailer
- How to invest in marijuana stocks in 7 steps
- Determining Your Risk Tolerance – A Comprehensive Guide
- Insider Trading – What You Need to Know
- Decker’s Stock Surges Like NVIDIA Through $1,000 on Robust Growth
Before you consider Tokyo Electron, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Tokyo Electron wasn’t on the list.
While Tokyo Electron currently has a “Strong Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
As Featured By:
345 N Reid Place, Suite 620, Sioux Falls, SD 57103
[email protected]
(844) 978-6257
© MarketBeat Media, LLC® 2010-2024. All rights reserved.
© 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.
My Account –
