Free Trial

Short Interest in Tokyo Electron Limited (OTCMKTS:TOELY) Decreases By 47.7%

Tokyo Electron logo with Computer and Technology background
Remove Ads

Tokyo Electron Limited (OTCMKTS:TOELY - Get Free Report) was the recipient of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 61,900 shares, a decrease of 47.7% from the January 15th total of 118,400 shares. Based on an average daily volume of 384,100 shares, the days-to-cover ratio is currently 0.2 days.

Tokyo Electron Stock Performance

OTCMKTS:TOELY traded down $1.82 during trading on Monday, reaching $80.99. The company's stock had a trading volume of 80,187 shares, compared to its average volume of 158,720. The firm has a market cap of $74.62 billion, a price-to-earnings ratio of 30.22 and a beta of 1.52. The firm has a 50 day moving average of $81.44 and a 200-day moving average of $82.24. Tokyo Electron has a 12 month low of $68.83 and a 12 month high of $134.91.

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

About Tokyo Electron

(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.

Featured Articles

Should You Invest $1,000 in Tokyo Electron Right Now?

Before you consider Tokyo Electron, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tokyo Electron wasn't on the list.

While Tokyo Electron currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Unlock the Potential in Options Trading Cover

Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Archer Aviation: Sinking Now, Soaring Soon?

Archer Aviation: Sinking Now, Soaring Soon?

MarketBeat analyst Gabriel Osario-Mazilli breaks down what’s next for Archer and how investors should play this move.

Related Videos

7 High-Growth Stocks Under $10

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads