Tokyo Electron (OTC:TOELY) Shares Down 7.1% – What’s Next?

Tokyo Electron Ltd. (OTC:TOELYGet Free Report) traded down 7.1% during trading on Friday . The company traded as low as $59.80 and last traded at $60.66. 268,636 shares were traded during mid-day trading, an increase of 84% from the average session volume of 146,085 shares. The stock had previously closed at $65.33.

Tokyo Electron Trading Down 7.1 %

The firm has a 50-day simple moving average of $77.13. The company has a market cap of $55.89 billion, a P/E ratio of 16.18 and a beta of 1.67.

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

Receive News & Ratings for Tokyo Electron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tokyo Electron and related companies with MarketBeat.com's FREE daily email newsletter.