Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) [Trend Analysis] regains street interests, as shares moved down -0.99% on Friday and it traded at $22.99. The 52-week high of the share price is -13.64% and 52-week low of the share price is 32.74%.
Taiwan Semiconductor Manufacturing Co. released that there was no impact on its operations in Hsinchu, northwestern Taiwan, from an earthquake on Thursday. A quake with a magnitude of 5.6 shook northeast Taiwan on Thursday, the U.S. Geological Survey said, with tremors felt in the capital, Taipei. The island’s Central Weather Bureau said there was a smaller quake around Hsinchu just south of the capital where many Taiwanese technology companies have factories. “At the point, TSMC sees no impact from the earthquake,” Elizabeth Sun, a senior director at the company, told Reuters.
Moving toward technical analysis, the current ratio, or the liquidity ratio of a company was calculated 3.50 as compared to its debt to equity ratio stands at 0.21. This is an important indicator as a higher ratio typically suggests that investors are investing more confidently as compared to companies in the same industry has lower ratios. When calculating in the EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at 16.20%. Investors looking further ahead will note that the Price to next year’s EPS is 7.40%.
To narrow down focus on firm’s analytic rating, TSM receives a wide range of reviews through technical indicators; experts eagerly produce EPS tends for quartile and annual, for current quarter trends were $0.40 and $0.53 for next quarter. On annual bases, it has $1.84 for FY 2016 Estimate Trends and $2.05 for FY 2017 Estimate Trends.
To neat down this understanding, 5 analysts rate it as ‘Holding’ security, at the same time as 19 suggests for ‘Buy’ as compare to 18 analyst suggested in 3 month ago. To lodge it average analyst gave price target to 26.44, whereas current price stands at 22.99.
As for as concerns shares volumes, in share capital Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has 5186.08 million outstanding shares among them 5127.01 million shares have been floated in market exchange. The firm’s institutional ownership remained 19.00%.
The stock showed weekly upbeat performance of -2.17%, which maintained for the month at -12.15%. Likewise the positive performance for the quarter recorded as 4.50% and for the year was -2.94%, while the YTD performance remained at 1.05%.