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Tokyo Electron (OTCMKTS:TOELY) Stock Price Crosses Above 50 Day Moving Average - What's Next?

Tokyo Electron logo with Computer and Technology background

Tokyo Electron Limited (OTCMKTS:TOELY - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $71.91 and traded as high as $76.37. Tokyo Electron shares last traded at $74.52, with a volume of 124,605 shares trading hands.

Tokyo Electron Price Performance

The firm has a market capitalization of $69.37 billion, a PE ratio of 28.09 and a beta of 1.67. The company has a 50-day moving average price of $71.67 and a 200-day moving average price of $76.64.

Tokyo Electron (OTCMKTS:TOELY - Get Free Report) last released 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%. On average, research analysts predict that Tokyo Electron Limited will post 3.23 earnings per share for the current fiscal year.

Tokyo Electron Company Profile

(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.

Further Reading

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