Tokyo Electron (OTCMKTS:TOELY) Reaches New 1-Year High – Time to Buy?

Tokyo Electron Ltd. (OTCMKTS:TOELY – Get Free Report) hit a new 52-week high 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 Performance

The stock has a market cap of $219.46 billion, a PE ratio of 56.77 and a beta of 1.95. The stock has a fifty day moving average price of $161.40 and a 200 day moving average price of $136.57.

Tokyo Electron Company Profile

(Get Free Report)

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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