Tokyo Electron (OTCMKTS:TOELY) Share Price Crosses Below 50 Day Moving Average – Here’s What Happened

Tokyo Electron Limited (OTCMKTS:TOELYGet Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $80.15 and traded as low as $72.06. Tokyo Electron shares last traded at $74.68, with a volume of 110,915 shares traded.

Tokyo Electron Trading Down 1.2 %

The firm has a market cap of $67.96 billion, a P/E ratio of 27.52 and a beta of 1.58. The company has a fifty day moving average price of $79.79 and a two-hundred day moving average price of $79.60.

Tokyo Electron (OTCMKTS:TOELYGet Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.12 EPS for the quarter. Tokyo Electron had a net margin of 21.32% and a return on equity of 24.79%. As a group, sell-side analysts expect that Tokyo Electron Limited will post 3.23 EPS 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.

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