Tokyo Electron (OTCMKTS:TOELY) Shares Cross Below Fifty Day Moving Average – Here’s Why

Tokyo Electron Limited (OTCMKTS:TOELY)’s stock price crossed 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 Up 0.5 %

The firm has a market capitalization of $68.81 billion, a price-to-earnings ratio of 27.87 and a beta of 1.58. The firm has a fifty day moving average price of $80.15 and a 200 day moving average price of $79.63.

Tokyo Electron (OTCMKTS:TOELY) last posted its quarterly earnings data on Thursday, February 6th. The company reported $1.12 EPS for the quarter. Tokyo Electron had a return on equity of 24.79% and a net margin of 21.32%. As a group, equities analysts predict that Tokyo Electron Limited will post 3.23 EPS for the current fiscal year.

About Tokyo Electron

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.