Shares of Tokyo Electron Ltd. (OTCMKTS:TOELY - Get Free Report) saw an uptick in trading volume on Wednesday . 440,265 shares were traded during mid-day trading, an increase of 194% from the previous session's volume of 149,611 shares.The stock last traded at $71.40 and had previously closed at $74.70.
Tokyo Electron Price Performance
The stock has a market capitalization of $66.14 billion, a P/E ratio of 18.45 and a beta of 1.73. The stock's 50-day simple moving average is $87.47 and its 200 day simple moving average is $80.15.
Tokyo Electron (OTCMKTS:TOELY - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.86 EPS for the quarter, missing analysts' consensus estimates of $0.89 by ($0.03). The company had revenue of $3.80 billion during the quarter, compared to analyst estimates of $4.10 billion. Tokyo Electron had a net margin of 22.07% and a return on equity of 29.49%. As a group, analysts expect that Tokyo Electron Ltd. will post 3.23 earnings per share for the current fiscal year.
About Tokyo Electron
(
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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