Tokyo Electron (OTCMKTS:TOELY) Stock Crosses Above 50 Day Moving Average - Here's What Happened

Tokyo Electron Limited (OTCMKTS:TOELY - Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $81.72 and traded as high as $85.00. Tokyo Electron shares last traded at $84.15, with a volume of 133,071 shares traded.

Tokyo Electron Stock Performance

The stock has a market cap of $75.74 billion, a price-to-earnings ratio of 30.67 and a beta of 1.52. The business's fifty day simple moving average is $81.93 and its 200 day simple moving average is $81.98.

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%. As a group, analysts forecast 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.