Zacks Short Term Rating on Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)

News Watch International
Date: Oct 8, 2015

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) has received a sell rating for the short term, according to the latest rank of 4 from research firm, Zacks. The company received an average rating of 3.67 from 3 analysts. 2 analyst have rated it as strong sell. 1 have rated it as a strong buy.

Taiwan Semiconductor Manufacturing Company Limited has dropped 1.31% during the last 3-month period . Year-to-Date the stock performance stands at 1.1%. Shares of Taiwan Semiconductor Manufacturing Company Limited rose by 5.69% in the last five trading days and 9.38% for the last 4 weeks.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) : On Wednesday heightened volatility was witnessed in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) which led to swings in the share price. The shares opened for trading at $21.68 and hit $22.1 on the upside , eventually ending the session at $21.93, with a gain of 3.3% or 0.7 points. The heightened volatility saw the trading volume jump to 13,737,875 shares. The 52-week high of the share price is $25.77 and the company has a market cap of $113,731 million. The 52-week low of the share price is at $17.32 .     [FULL  STORY]

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