Tokyo Electron Limited (OTCMKTS:TOELY) Short Interest Up 314.6% in April

Tokyo Electron Limited (OTCMKTS:TOELY - Get Free Report) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 93,700 shares, an increase of 314.6% from the March 31st total of 22,600 shares. Based on an average daily volume of 435,100 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Tokyo Electron Stock Down 1.9 %

Shares of Tokyo Electron stock traded down $1.43 during mid-day trading on Friday, hitting $73.47. The stock had a trading volume of 193,600 shares, compared to its average volume of 156,371. The firm has a 50-day moving average of $71.15 and a two-hundred day moving average of $76.52. Tokyo Electron has a 12-month low of $58.17 and a 12-month high of $120.35. The firm has a market cap of $67.69 billion, a P/E ratio of 27.41 and a beta of 1.67.

Tokyo Electron (OTCMKTS:TOELY - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $1.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.08. Tokyo Electron had a return on equity of 24.79% and a net margin of 21.32%. The firm had revenue of $4.59 billion during the quarter, compared to analyst estimates of $4.29 billion. Sell-side analysts expect that Tokyo Electron will post 3.23 earnings per share for the current year.

About Tokyo Electron

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.