Tokyo Electron Ltd. (OTCMKTS:TOELY - Get Free Report) fell 6.2% during trading on Friday . The company traded as low as $79.84 and last traded at $79.84. 56,392 shares were traded during 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 Down 4.7%
The firm has a market capitalization of $74.72 billion, a PE ratio of 20.96 and a beta of 1.72. The firm's 50 day moving average price is $77.87 and its two-hundred day moving average price is $77.79.
Tokyo Electron (OTCMKTS:TOELY - Get Free Report) last issued 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. Tokyo Electron had a return on equity of 30.47% and a net margin of 22.37%. The firm had revenue of $4.59 billion during the quarter, compared to analyst estimates of $4.29 billion. On average, sell-side analysts anticipate 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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