Shares of Tokyo Electron Ltd. (OTCMKTS:TOELY – Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $137.42 and traded as high as $159.00. Tokyo Electron shares last traded at $156.20, with a volume of 127,975 shares changing hands.
Tokyo Electron Price Performance
The company has a fifty day moving average of $137.42 and a 200 day moving average of $125.55. The firm has a market capitalization of $146.21 billion, a P/E ratio of 37.82 and a beta of 1.95.
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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