Tokyo Electron Ltd. (OTCMKTS:TOELY – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $172.15, but opened at $186.00. Tokyo Electron shares last traded at $189.45, with a volume of 8,293 shares changing hands.
Tokyo Electron Stock Performance
The firm has a market capitalization of $187.68 billion, a P/E ratio of 48.55 and a beta of 1.95. The stock has a fifty day moving average price of $148.50 and a two-hundred day moving average price of $130.86.
About Tokyo Electron
Tokyo Electron (OTCMKTS:TOELY) is a Japan-based manufacturer of equipment and services for the semiconductor and flat-panel display industries. The company develops, produces and sells a broad range of wafer fabrication tools used across front-end and back-end semiconductor processes, including equipment for etch, deposition, thermal processing, wafer cleaning and inspection, as well as production systems for advanced packaging and assembly. In addition to semiconductor tools, Tokyo Electron supplies production equipment and process solutions for flat-panel displays and related display technologies.
Beyond capital equipment, Tokyo Electron provides lifecycle services such as installation, maintenance, spare parts, process support and software solutions aimed at maximizing tool uptime and process yield.
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