Tokyo Electron Limited (OTCMKTS:TOELY) Short Interest Down 45.1% in March

Tokyo Electron Limited (OTCMKTS:TOELY) was the recipient of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 22,600 shares, a decline of 45.1% from the March 15th total of 41,200 shares. Based on an average trading volume of 242,400 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Tokyo Electron Stock Performance

Shares of TOELY stock traded down $1.84 during mid-day trading on Thursday, hitting $68.85. 138,889 shares of the stock were exchanged, compared to its average volume of 155,589. The stock’s fifty day simple moving average is $73.63 and its two-hundred day simple moving average is $77.71. Tokyo Electron has a 12-month low of $58.17 and a 12-month high of $124.27. The stock has a market capitalization of $63.44 billion, a price-to-earnings ratio of 25.69 and a beta of 1.67.

Tokyo Electron (OTCMKTS:TOELY) 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 return on equity of 24.79% and a net margin of 21.32%. On average, research analysts expect that Tokyo Electron will post 3.23 earnings per share 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.