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What s Up With Taiwan Semiconductor Today?

What s Up With Taiwan Semiconductor Today? Benzinga 2 hrs ago Randy Elias Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) shares are trading lower amid a significant COVID-19 outbreak in Taiwan. Taiwan Semiconductor, or TSMC, is the world s largest dedicated chip foundry, with over 58% market share in 2020 per Gartner. Taiwan Semiconductor s stock was trading 2.7% lower at $109.39. The stock set a new 52-week high of $142.20 and has a 52-week low of $49.61. © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

What s Up With Taiwan Semiconductor Today?

What s Up With Taiwan Semiconductor Today?
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

The Trend in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Continues to Point Skyward

A look at the daily price movement shows that the last close reads $116.83, with intraday deals fluctuated between $112.23 and $115.38. The company’s 5Y monthly beta was ticking 0.9 while its P/E ratio in the trailing 12-month period read 30.12. Taking into account the 52-week price action we note that the stock hit a 52-week high of $142.2 and 52-week low of $49.38. The stock lost -8.54% on its value in the past month. Taiwan Semiconductor Manufacturing Company Limited, which has a market valuation of $523.52 Billion. The company stock has a Forward Dividend ratio of 1.75, while the dividend yield is 1.56. It is understandable that investor optimism is growing ahead of the company’s current quarter results. Analysts tracking TSM have forecast the quarterly EPS to grow by $0.91 per share this quarter, while the same analysts predict the annual EPS to hit $3.95 for the year 2021 and up to $4.56 for 2022. In this case, analysts estimate an annual EPS growth of 0.17% for the year a

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