Toray Industries Inc. (OTCMKTS:TRYIY) Short Interest Update

Toray Industries Inc. (OTCMKTS:TRYIY - Get Free Report) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 57,800 shares, an increase of 88.9% from the May 15th total of 30,600 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 49,600 shares, the short-interest ratio is presently 1.2 days.

Toray Industries Stock Performance

Shares of Toray Industries stock traded down $0.17 during trading on Tuesday, hitting $13.41. 20,509 shares of the stock were exchanged, compared to its average volume of 18,853. The stock's fifty day moving average is $13.18 and its 200 day moving average is $13.23. The stock has a market cap of $10.74 billion, a PE ratio of 20.95 and a beta of 0.58. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.10 and a current ratio of 1.70. Toray Industries has a 12 month low of $9.06 and a 12 month high of $14.80.

Toray Industries (OTCMKTS:TRYIY - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.09). Toray Industries had a return on equity of 4.26% and a net margin of 3.04%. The firm had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.42 billion. As a group, sell-side analysts anticipate that Toray Industries will post 0.73 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Nomura Securities raised Toray Industries to a "hold" rating in a report on Friday, June 6th.

Toray Industries Company Profile

Toray Industries, Inc, together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; ultra-fine fibers; and apparel products.