Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) has tumbled 0.04% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 8.11% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 1.16% and the outperformance has advanced to 7.13% for the last 4 weeks period.
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM): The stock opened at $25.89 on Friday but the bulls could not build on the opening and the stock topped out at $25.93 for the day. The stock traded down to $25.60 during the day, due to lack of any buying support eventually closed down at $25.85 with a loss of -0.04% for the day. The stock had closed at $25.86 on the previous day. The total traded volume was 5,813,067 shares.
The company shares have rallied 10.47% from its 1 Year high price. On Mar 30, 2016, the shares registered one year high at $26.62 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $24.44 and the 200 Day Moving Average price is recorded at $23.87.
Currently the company Insiders own 1.11% of Taiwan Semiconductor Manufacturing Company Ltd. shares according to the proxy statements. Institutional Investors own 19.64% 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.