Shares of Tokyo Electron Ltd. (OTC:TOELY - Get Free Report) dropped 0.5% on Wednesday . The stock traded as low as $77.74 and last traded at $78.73. Approximately 74,926 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 147,830 shares. The stock had previously closed at $79.10.
Tokyo Electron Trading Up 1.5%
The firm has a 50-day simple moving average of $74.23 and a two-hundred day simple moving average of $77.22. The company has a market capitalization of $75.78 billion, a price-to-earnings ratio of 21.93 and a beta of 1.72.
About Tokyo Electron
(
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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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