Zacks: Tokyo Electron (TOELY) Given Average Rating of “Hold” by Analysts
Shares of Tokyo Electron (NASDAQ:TOELY) have been assigned an average broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Zacks has also given Tokyo Electron an industry rank of 6 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research lowered Tokyo Electron from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 2nd.
Tokyo Electron (NASDAQ TOELY) traded up 3.65% during trading on Wednesday, reaching $49.13. The company’s stock had a trading volume of 23,800 shares. The company’s 50 day moving average price is $39.52 and its 200-day moving average price is $35.72. Tokyo Electron has a 1-year low of $21.57 and a 1-year high of $49.75. The stock has a market cap of $32.24 billion and a P/E ratio of 24.35.
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