Tokyo Electron Ltd. (OTCMKTS:TOELY – Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $231.92 and last traded at $229.40, with a volume of 30290 shares traded. The stock had previously closed at $228.50.
Tokyo Electron Stock Up 6.3%
The company’s 50-day moving average is $166.04 and its two-hundred day moving average is $138.48. The company has a market capitalization of $229.80 billion, a P/E ratio of 59.44 and a beta of 1.95.
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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