Free Trial

Tokyo Electron (OTCMKTS:TOELY) Shares Gap Down - What's Next?

Tokyo Electron logo with Computer and Technology background

Tokyo Electron Ltd. (OTCMKTS:TOELY - Get Free Report)'s stock price gapped down before the market opened on Thursday . The stock had previously closed at $93.28, but opened at $90.00. Tokyo Electron shares last traded at $91.59, with a volume of 3,695 shares traded.

Tokyo Electron Stock Down 1.6%

The stock has a market cap of $84.53 billion, a PE ratio of 23.71 and a beta of 1.75. The firm has a 50-day simple moving average of $83.45 and a 200-day simple moving average of $78.97.

Tokyo Electron (OTCMKTS:TOELY - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.08. The firm had revenue of $4.59 billion for 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%. On average, research analysts expect that Tokyo Electron Ltd. will post 3.23 earnings per share 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.

Featured Articles

Should You Invest $1,000 in Tokyo Electron Right Now?

Before you consider Tokyo Electron, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tokyo Electron wasn't on the list.

While Tokyo Electron currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines