Tokyo Electron (OTCMKTS:TOELY) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Tokyo Electron Limited (OTCMKTS:TOELY) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $81.72 and traded as high as $85.00. Tokyo Electron shares last traded at $84.15, with a volume of 133,071 shares trading hands.

Tokyo Electron Stock Performance

The firm has a market capitalization of $77.02 billion, a P/E ratio of 31.19 and a beta of 1.52. The firm’s 50-day moving average is $81.83 and its 200 day moving average is $82.14.

Tokyo Electron (OTCMKTS:TOELY) last posted its quarterly earnings data on Thursday, February 6th. The company reported $1.12 EPS for the quarter. Tokyo Electron had a net margin of 21.32% and a return on equity of 24.79%. As a group, research analysts expect that Tokyo Electron Limited will post 3.23 EPS 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.