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

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

Tokyo Electron Price Performance

Tokyo Electron stock opened at $74.93 on Tuesday. The company has a market capitalization of $69.04 billion, a price-to-earnings ratio of 27.96 and a beta of 1.58. Tokyo Electron has a one year low of $68.83 and a one year high of $133.57. The company’s fifty day moving average price is $81.24 and its two-hundred day moving average price is $79.96.

Tokyo Electron (OTCMKTS:TOELY) last posted its earnings results 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, sell-side analysts anticipate that Tokyo Electron will post 3.23 earnings per share 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.