Tokyo Electron (OTCMKTS:TOELY) Trading Down 10.9% – What’s Next?

Tokyo Electron Ltd. (OTCMKTS:TOELY)’s stock price dropped 10.9% during trading on Monday . The stock traded as low as $178.26 and last traded at $178.58. Approximately 12,650 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 172,327 shares. The stock had previously closed at $200.4950.

Tokyo Electron Stock Performance

The company’s 50 day moving average price is $152.21 and its 200 day moving average price is $132.57. The company has a market cap of $177.26 billion, a price-to-earnings ratio of 45.85 and a beta of 1.95.

Tokyo Electron Company Profile

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.