Tokyo Electron Ltd. (OTC:TOELY - Get Free Report)'s stock price dropped 0.5% during trading on Wednesday . The stock traded as low as $77.74 and last traded at $78.73. Approximately 74,926 shares traded 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 business's 50 day moving average price is $73.95 and its two-hundred day moving average price is $77.04. The stock has a market cap of $75.78 billion, a P/E ratio of 21.93 and a beta of 1.73.
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.
Read More
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
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.