Tokyo Electron Limited (OTCMKTS:TOELY) Short Interest Update

Tokyo Electron Limited (OTCMKTS:TOELY) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 92,200 shares, an increase of 94.1% from the December 31st total of 47,500 shares. Based on an average trading volume of 254,700 shares, the short-interest ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein raised Tokyo Electron to a “strong-buy” rating in a research note on Monday, October 7th.

Tokyo Electron Trading Up 4.9 %

Shares of TOELY traded up $3.85 on Friday, reaching $83.02. 131,643 shares of the company’s stock traded hands, compared to its average volume of 176,233. The stock has a market cap of $76.49 billion, a PE ratio of 30.98 and a beta of 1.51. Tokyo Electron has a 52-week low of $68.83 and a 52-week high of $134.91. The stock’s 50 day simple moving average is $79.87 and its two-hundred day simple moving average is $83.60.

Tokyo Electron (OTCMKTS:TOELY) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $0.86 EPS for the quarter. The firm had revenue of $3.81 billion for the quarter, compared to analysts’ expectations of $3.70 billion. Tokyo Electron had a return on equity of 24.79% and a net margin of 21.32%. Analysts forecast that Tokyo Electron will post 3.23 earnings per share for the current year.

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.