Taiwan Semiconductor Manufacturing Company Ltd. (TSM) : Investors lapped up stocks on upticks to the tune of $14.27 million in the Wednesdays trading session. The trading value on downticks was comparatively at $12.83 million and the uptick to downtick ratio of 1.11 indicates continuous buying by the bulls. The net money flow into the stock was $1.44 million. The block trades were dominated by the bulls with a healthy 4.09, uptick to downtick ratio. Only $0.49 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $2.01 clearly indicating buying by large investors. The total money flow for block trades stood at $1.52 million, which is a positive for the stock in the long-term. Taiwan Semiconductor Manufacturing Company Ltd. (TSM) fell $0.13 during the day at $30.27, a drop of -0.43% over the previous days close. However, for the week, the stock is 0.5%, compared to the previous week.
Taiwan Semiconductor Manufacturing Company Limited has dropped 0.56% in the last five trading days, however, the shares have posted positive gains of 5.68% in the last 4 weeks. Taiwan Semiconductor Manufacturing Company Limited is up 17.56% in the last 3-month period. Year-to-Date the stock performance stands at 38.32%.
Taiwan Semiconductor Manufacturing Company Ltd. (TSM) : 2 analysts are covering Taiwan Semiconductor Manufacturing Company Ltd. (TSM) and their average rating on the stock is 3, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock.
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM): stock was range-bound between the intraday low of $30.13 and the intraday high of $30.5 after having opened at $30.47 on Wednesdays session. The stock finally closed in the red at $30.47, a loss of -0.23%. The stock remained in the red for the whole trading day. The total traded volume was 4,125,090 shares. The stock failed to cross $30.5 in Wednesdays trading. The stocks closing price on Thursday was $30.4.
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.