Tokyo Electron (OTCMKTS:TOELY) Shares Pass Above Fifty Day Moving Average of $112.28 – MarketBeat
Tokyo Electron Limited (OTCMKTS:TOELY – Get Free Report)’s stock 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.
The firm’s 50-day moving average is $112.32 and its 200 day moving average is $110.71. The stock has a market cap of $107.09 billion, a PE ratio of 42.36 and a beta of 1.50.
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 for the quarter. Tokyo Electron had a net margin of 19.81% and a return on equity of 21.79%. The business had revenue of $3.69 billion for the quarter, compared to analysts’ expectations of $3.65 billion. On average, sell-side analysts predict that Tokyo Electron Limited 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.
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