Tokyo Electron Limited (OTCMKTS:TOELY) Sees Significant Increase in Short Interest – MarketBeat
Tokyo Electron Limited (OTCMKTS:TOELY – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 61,200 shares, an increase of 43.3% from the May 15th total of 42,700 shares. Based on an average daily trading volume, of 136,100 shares, the short-interest ratio is presently 0.4 days.
Tokyo Electron stock traded up $0.26 during midday trading on Friday, reaching $111.11. The company’s stock had a trading volume of 112,158 shares, compared to its average volume of 200,739. The stock has a market capitalization of $104.81 billion, a P/E ratio of 41.46 and a beta of 1.48. The stock’s 50-day simple moving average is $114.73 and its 200-day simple moving average is $107.54. Tokyo Electron has a 52-week low of $63.84 and a 52-week high of $134.91.
Tokyo Electron (OTCMKTS:TOELY – Get Free Report) last announced its quarterly earnings data on Friday, May 10th. The company reported $0.82 EPS for the quarter. The firm had revenue of $3.69 billion during the quarter, compared to analyst estimates of $3.65 billion. Tokyo Electron had a net margin of 19.81% and a return on equity of 22.45%. As a group, equities research analysts expect that Tokyo Electron will post 2.91 earnings per share 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.
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