Tokyo Electron Limited (OTCMKTS:TOELY) Short Interest Update

Tokyo Electron Limited (OTCMKTS:TOELY) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 92,200 shares, a growth of 94.1% from the December 31st total of 47,500 shares. Based on an average daily trading volume, of 254,700 shares, the short-interest ratio is currently 0.4 days.

Tokyo Electron Price Performance

OTCMKTS TOELY traded up $3.85 during trading hours on Friday, reaching $83.02. The company’s stock had a trading volume of 131,643 shares, compared to its average volume of 176,233. Tokyo Electron has a 52 week low of $68.83 and a 52 week high of $134.91. The firm has a fifty day simple moving average of $79.87 and a 200-day simple moving average of $83.60. The stock has a market cap of $76.49 billion, a P/E ratio of 30.98 and a beta of 1.51.

Tokyo Electron (OTCMKTS:TOELY) last announced its earnings results on Tuesday, November 12th. The company reported $0.86 earnings per share (EPS) for the quarter. The business had revenue of $3.81 billion during the quarter, compared to analyst estimates of $3.70 billion. Tokyo Electron had a return on equity of 24.79% and a net margin of 21.32%. On average, research analysts expect that Tokyo Electron will post 3.23 earnings per share for the current year.

Analyst Ratings Changes

Separately, Sanford C. Bernstein upgraded Tokyo Electron to a “strong-buy” rating in a research note on Monday, October 7th.

Tokyo Electron Company Profile

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.