Tokyo Electron (OTCMKTS:TOELY) Share Price Passes Below 50 Day Moving Average - Should You Sell?

Tokyo Electron Limited (OTCMKTS:TOELY - Get Free Report)'s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $80.15 and traded as low as $72.06. Tokyo Electron shares last traded at $74.68, with a volume of 110,915 shares changing hands.

Tokyo Electron Trading Down 3.8 %

The firm has a market cap of $65.03 billion, a P/E ratio of 26.34 and a beta of 1.58. The company's fifty day moving average price is $79.53 and its two-hundred day moving average price is $79.55.

Tokyo Electron (OTCMKTS:TOELY - Get Free Report) last announced its earnings results on Thursday, February 6th. The company reported $1.12 earnings per share for the quarter. Tokyo Electron had a net margin of 21.32% and a return on equity of 24.79%. On average, analysts predict that Tokyo Electron Limited 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.