TOKYO ELECTRON ADR EACH REPR 0.25 SHS (NASDAQ:TOELY) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 2, 2016
Zacks Investment Research has downgraded TOKYO ELECTRON ADR EACH REPR 0.25 SHS (NASDAQ:TOELY) to Hold in a statement released on 09/28/2016.
Boasting a price of $22.40, TOKYO ELECTRON ADR EACH REPR 0.25 SHS (NASDAQ:TOELY) traded -0.32% lower on the day. With the last close up 14.10% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. TOKYO ELECTRON ADR EACH REPR 0.25 SHS has recorded a 50-day average of $22.40 and a two hundred day average of $19.37. Volume of trade was down over the average, with 34,052 shares of TOELY changing hands under the typical 41,355
With a total market value of $0, TOKYO ELECTRON ADR EACH REPR 0.25 SHS has price-earnings ratio of 20.72 with a one year low of $12.44 and a one year high of $23.01 .
More About TOKYO ELECTRON ADR EACH REPR 0.25 SHS (NASDAQ:TOELY)
Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, distributes, and sells semiconductor and flat panel display (FPD) production equipment. Its Semiconductor Production Equipment segment offers coaters/developers, plasma etch systems, thermal processing systems, single wafer deposition systems, cleaning systems used in wafer processing, wafer probers used in wafer testing process, and other semiconductor production equipment. This segment also offers surface preparation systems, test systems, wafer bonding/debonding products, SIC epitaxial CVD systems, gas cluster ion beam systems, and packaging products. The companyÂ’s Flat Panel Display Production Equipment segment provides coaters/developers and plasma etch/ash systems for use in the manufacture of FPDs, as well as inkjet printing systems for manufacturing OLED panels. Its Other segment offers photovoltaic panel production equipment; and logistic, facility maintenance, and insurance services. It has operations in Japan, Taiwan, Korea, the United States, China, and Europe. The company was founded in 1963 and is headquartered in Tokyo, Japan. Tokyo Electron Limited is a subsidiary of Tokyo Broadcasting System Holdings, Inc.
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