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Short Interest in Tokyo Electron Limited (OTCMKTS:TOELY) Decreases By 55.0%

Tokyo Electron logo with Computer and Technology background

Tokyo Electron Limited (OTCMKTS:TOELY - Get Free Report) saw a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 29,900 shares, a decrease of 55.0% from the May 15th total of 66,500 shares. Based on an average daily trading volume, of 209,900 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company's stock are short sold.

Tokyo Electron Trading Down 5.8%

OTCMKTS:TOELY traded down $5.09 on Friday, reaching $82.36. The stock had a trading volume of 247,513 shares, compared to its average volume of 144,819. The company has a 50-day moving average of $76.31 and a 200 day moving average of $77.58. The stock has a market cap of $75.88 billion, a P/E ratio of 30.73 and a beta of 1.72. Tokyo Electron has a 12-month low of $58.17 and a 12-month high of $120.10.

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

Tokyo Electron Company Profile

(Get Free Report)

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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