Tokyo Electron (OTCMKTS:TOELY) Sets New 1-Year Low at $68.32

Shares of Tokyo Electron Limited (OTCMKTS:TOELYGet Rating) hit a new 52-week low during trading on Friday . The stock traded as low as $68.32 and last traded at $68.86, with a volume of 119066 shares trading hands. The stock had previously closed at $70.65.

Analyst Upgrades and Downgrades

Separately, Nomura lowered Tokyo Electron from a “buy” rating to a “neutral” rating in a research note on Friday, July 8th.

Tokyo Electron Trading Down 2.5 %

The company has a 50 day moving average of $80.54 and a 200 day moving average of $97.41. The firm has a market cap of $42.90 billion, a price-to-earnings ratio of 11.93 and a beta of 1.31.

Tokyo Electron (OTCMKTS:TOELYGet Rating) last announced its quarterly earnings results on Monday, August 8th. The company reported $1.09 EPS for the quarter, missing the consensus estimate of $1.75 by ($0.66). The company had revenue of $3.66 billion during the quarter, compared to analyst estimates of $5.03 billion. Tokyo Electron had a net margin of 21.03% and a return on equity of 34.40%. As a group, sell-side analysts anticipate that Tokyo Electron Limited will post 6.19 EPS for the current fiscal year.

About Tokyo Electron

(Get Rating)

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, and internationally. The company's Semiconductor Production Equipment segment offers coaters/developers, etch systems, deposition systems, and cleaning systems used in wafer processing; wafer probers used in wafer testing process; and wafer bonders/debonders.

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