Tokyo Electron Ltd. (OTCMKTS:TOELY – Get Free Report) saw unusually-strong trading volume on Thursday . 773,994 shares were traded during mid-day trading, an increase of 271% from the previous session’s volume of 208,628 shares.The stock last traded at $244.08 and had previously closed at $230.9970.
Tokyo Electron Price Performance
The company has a 50 day simple moving average of $163.57 and a 200-day simple moving average of $137.47. The stock has a market capitalization of $228.48 billion, a P/E ratio of 59.10 and a beta of 1.95.
About Tokyo Electron
Tokyo Electron (OTCMKTS:TOELY) is a Japan-based manufacturer of equipment and services for the semiconductor and flat-panel display industries. The company develops, produces and sells a broad range of wafer fabrication tools used across front-end and back-end semiconductor processes, including equipment for etch, deposition, thermal processing, wafer cleaning and inspection, as well as production systems for advanced packaging and assembly. In addition to semiconductor tools, Tokyo Electron supplies production equipment and process solutions for flat-panel displays and related display technologies.
Beyond capital equipment, Tokyo Electron provides lifecycle services such as installation, maintenance, spare parts, process support and software solutions aimed at maximizing tool uptime and process yield.
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