Short Interest in Tokyo Electron Limited (OTCMKTS:TOELY) Decreases By 24.2%

Tokyo Electron Limited (OTCMKTS:TOELY) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 40,500 shares, a decline of 24.2% from the February 13th total of 53,400 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 180,500 shares, the days-to-cover ratio is currently 0.2 days.

Tokyo Electron Trading Up 1.8 %

OTCMKTS TOELY opened at $74.93 on Tuesday. Tokyo Electron has a 1-year low of $68.83 and a 1-year high of $133.57. The company has a market capitalization of $69.04 billion, a PE ratio of 27.96 and a beta of 1.58. The firm’s fifty day simple moving average is $81.24 and its 200-day simple moving average is $79.96.

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

About Tokyo Electron

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.