Short Interest in Tokyo Electron Limited (OTCMKTS:TOELY) Drops By 13.7%

Tokyo Electron Limited (OTCMKTS:TOELY - Get Free Report) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 53,400 shares, a decline of 13.7% from the January 31st total of 61,900 shares. Based on an average trading volume of 246,800 shares, the days-to-cover ratio is presently 0.2 days.

Tokyo Electron Stock Performance

Shares of TOELY traded up $0.63 during midday trading on Friday, hitting $72.20. 211,225 shares of the stock traded hands, compared to its average volume of 143,805. Tokyo Electron has a 1-year low of $68.83 and a 1-year high of $133.57. The firm has a market capitalization of $66.52 billion, a PE ratio of 26.94 and a beta of 1.58. The business's 50 day moving average price is $81.72 and its two-hundred day moving average price is $80.95.

Tokyo Electron (OTCMKTS:TOELY - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported $1.12 earnings per share (EPS) for the quarter. Tokyo Electron had a net margin of 21.32% and a return on equity of 24.79%. As a group, equities research analysts forecast that Tokyo Electron will post 3.23 EPS for the current fiscal year.

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.