Tokyo Electron traded at 49,260.00 this Monday May 18th, decreasing 1,030.00 or 2.05 percent since the previous trading session. Looking back, over the last four weeks, Tokyo Electron lost 11.32 percent. Over the last 12 months, its price rose by 113.57 percent. Looking ahead, we forecast Tokyo Electron to be priced at 48,288.46 by the end of this quarter and at 42,749.24 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tokyo Electron Limited is a company mainly engaged in the manufacture and sale of electronic products for industrial uses. The Company operates in two segments. The Semiconductor Manufacturing Equipment segment is engaged in the provision of wafer probers and other semiconductor manufacturing equipment. The Flat Panel Display (FPD) Manufacturing Equipment segment consists of coater developer for flat panel display manufacturing, etching and ashing equipment. The Company is also engaged in management of facilities, logistics business, as well as insurance business.