Shares of Tokyo Electron Ltd. (OTC:TOELY – Get Free Report) were down 7.1% on Friday . The company traded as low as $59.80 and last traded at $60.66. Approximately 268,636 shares were traded during mid-day trading, an increase of 84% from the average daily volume of 146,085 shares. The stock had previously closed at $65.33.
Tokyo Electron Stock Down 7.1 %
The business has a fifty day moving average of $77.13. The company has a market cap of $55.89 billion, a PE ratio of 16.18 and a beta of 1.67.
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.
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