Tokyo Electron Ltd. (OTCMKTS:TOELY – Get Free Report)’s stock price dropped 10.9% on Monday . The company traded as low as $178.26 and last traded at $178.58. Approximately 12,650 shares were traded during trading, a decline of 93% from the average daily volume of 172,327 shares. The stock had previously closed at $200.4950.
Tokyo Electron Trading Up 1.8%
The stock has a market capitalization of $170.52 billion, a price-to-earnings ratio of 44.11 and a beta of 1.95. The stock’s 50 day moving average is $149.55 and its 200 day moving average is $131.38.
Tokyo Electron Company Profile
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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