Tokyo Electron (OTCMKTS:TOELY) Shares Down 6.2% - Time to Sell?

Shares of Tokyo Electron Ltd. (OTCMKTS:TOELY - Get Free Report) fell 6.2% during mid-day trading on Friday . The stock traded as low as $79.84 and last traded at $79.84. 56,392 shares were traded during mid-day trading, a decline of 61% from the average session volume of 143,411 shares. The stock had previously closed at $85.13.

Tokyo Electron Stock Performance

The company has a 50 day simple moving average of $78.11 and a 200 day simple moving average of $77.72. The company has a market capitalization of $75.39 billion, a PE ratio of 21.14 and a beta of 1.73.

Tokyo Electron (OTCMKTS:TOELY - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.95 by $0.08. The firm had revenue of $4.59 billion during the quarter, compared to the consensus estimate of $4.29 billion. Tokyo Electron had a return on equity of 30.47% and a net margin of 22.37%. As a group, equities research analysts anticipate that Tokyo Electron Ltd. will post 3.23 EPS 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.