On a relative basis, the stock has outperformed the S&P 500 by 0.11% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.05% in the last 1 week, and is up 4.49% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 4.01% and the 50-Day Moving Average is 10.12%.
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM): The stock opened at $27.19 on Friday but the bulls could not build on the opening and the stock topped out at $27.26 for the day. The stock traded down to $26.97 during the day, due to lack of any buying support eventually closed down at $27.01 with a loss of -0.37% for the day. The stock had closed at $27.11 on the previous day. The total traded volume was 5,996,500 shares.
The company Insiders own 1.11% of Taiwan Semiconductor Manufacturing Company Ltd. shares according to the proxy statements. Institutional Investors own 19.41% of Taiwan Semiconductor Manufacturing Company Ltd. shares.
Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC) is a Taiwan-based company principally engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits (ICs) and other semiconductor devices and the manufacturing of masks. The Company also offers a range of wafer fabrication processes, including processes to manufacture CMOS (complementary metal oxide silicon) logic, mixed-signal, radio frequency (RF), embedded memory, BiCMOS (bipolar complementary metal oxide silicon) mixed-signal and other semiconductors. It also offers design, mask making, bumping, probing, and assembly and testing services. TSMC operates one 150-millimeter wafer fab, six 200-millimeter wafer fabs and three 300-millimeter wafer fabs. The Company manufactures different types of semiconductors with different specific functions. The Companys semiconductor types include logic semiconductors, mixed-signal/RF semiconductors and CMOS image sensor semiconductors.