Tokyo Electron (OTCMKTS:TOELY) Shares Cross Above 50-Day Moving Average of $112.28 – MarketBeat

Tokyo Electron Limited (OTCMKTS:TOELYGet Free Report)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $112.28 and traded as high as $114.08. Tokyo Electron shares last traded at $113.53, with a volume of 195,890 shares trading hands.
The firm has a market cap of $107.09 billion, a PE ratio of 43.35 and a beta of 1.50. The company has a 50 day simple moving average of $112.32 and a two-hundred day simple moving average of $110.55.
Tokyo Electron (OTCMKTS:TOELYGet Free Report) last issued its quarterly earnings data on Friday, May 10th. The company reported $0.82 earnings per share (EPS) for the quarter. The business had revenue of $3.69 billion during the quarter, compared to analysts’ expectations of $3.65 billion. Tokyo Electron had a return on equity of 21.79% and a net margin of 19.81%. As a group, research analysts predict that Tokyo Electron Limited 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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