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Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) went down by -1.98% from its latest closing price compared to the recent 1-year high of $142.20. The company’s stock price has collected -1.60% of loss in the last five trading sessions. Barron’s reported on 04/23/21 that How Soon Before the Chip Shortage Ends? Taiwan Semi Looks to 2022.
Is It Worth Investing in Taiwan Semiconductor Manufacturing Company Limited (NYSE :TSM) Right Now?
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) scored a price-to-earnings ratio above its average ratio, recording 31.20 x from its present earnings ratio. Plus, the 36-month beta value for TSM is at 0.90. Opinions of the stock are interesting as 25 analysts out of 34 who provided ratings for Taiwan Semiconductor Manufacturing Company Limited declared the stock was a “buy,” while 6 rated the stock as “overweight,” 2 rated it as “hold,” and 1 as “sell.”
During the recent session, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s traded shares were 2,996,204, with the beta value of the company hitting 0.91. At the last check today, the stock’s price was $117.65, reflecting an intraday loss of -1.22% or -$1.45. The 52-week high for the TSM share is $142.2, that puts it down -20.87% from that peak though still a striking +59.44% gain since the share price plummeted to a 52-week low of $47.72. The company’s market capitalization is $550.6 Billion, and the average intraday trading volume over the past 10 days was 11.7 Million shares, and the average trade volume was 13.85 Million shares over the past three months.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) shares, dropped in value on Wednesday, Apr 28, with the stock price down by -1.33% to the previous day’s close as weak demand from buyers trailed the stock to $119.66. Get the hottest stocks to trade every day before the market opens 1
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A deal for the purchase of Japanese train cars for the Taiwan High Speed Railway (THSR) has been an important symbol of the economic cooperation between Japan and Taiwan. However, the stagnation of the deal now threatens the relationship between the two partners.
THSR Corporation has operated the high-speed railway since 2007. The original cars for Taiwan’s bullet train are approaching their maintenance schedule for replacement and renewal, and talks have been underway for their replacement.
However, in January 2021, THSR announced the cancelation of its negotiations with Japanese counterparts because, THSR said, the price proposal was “too expensive.”
Now, concerns have been raised that, if the bullet train car negotiations go nowhere, the flow of regional stability and economic security would be disrupted.
Taiwan Semiconductor Manufacturing Company Limited (TSM) Profit Margins posted 35 30% in the last twelve months: The key fundamentals to watch investchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investchronicle.com Daily Mail and Mail on Sunday newspapers.