Toray Industries (OTCMKTS:TRYIY) Sees Unusually-High Trading Volume - Still a Buy?

Key Points

• Shares experienced an unusual volume spike—trading volume rose 229% to 89,785 shares, with the stock last at $14.14 (prior close $13.6310).
• Analyst sentiment was lifted when SMBC Nikko upgraded Toray to a "strong-buy"; overall the stock has one Strong Buy and two Hold ratings, giving a MarketBeat average of "Moderate Buy".
• Toray missed EPS expectations in the latest quarter ($0.03 vs. $0.20 consensus) but beat revenue ($4.40B vs. $4.20B); FY2025 guidance is 0.707 EPS while analysts expect about 0.73 EPS for the year.

Shares of Toray Industries Inc. (OTCMKTS:TRYIY - Get Free Report) saw an uptick in trading volume on Wednesday . 89,785 shares were traded during trading, an increase of 229% from the previous session's volume of 27,260 shares.The stock last traded at $14.14 and had previously closed at $13.6310.

Wall Street Analysts Forecast Growth

Separately, Smbc Nikko Sec. raised Toray Industries to a "strong-buy" rating in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Toray Industries currently has an average rating of "Moderate Buy".

Toray Industries Stock Performance

The stock has a market capitalization of $10.61 billion, a P/E ratio of 36.18 and a beta of 0.40. The company has a quick ratio of 1.16, a current ratio of 1.78 and a debt-to-equity ratio of 0.28. The company has a 50-day moving average price of $15.25 and a two-hundred day moving average price of $13.72.

Toray Industries (OTCMKTS:TRYIY - Get Free Report) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.17). The firm had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.20 billion. Toray Industries had a net margin of 1.71% and a return on equity of 2.38%. Toray Industries has set its FY 2025 guidance at 0.707-0.707 EPS. Equities analysts expect that Toray Industries Inc. will post 0.73 earnings per share for the current year.

Toray Industries Company Profile

Toray Industries, Inc is a global leader in advanced materials and chemical technologies, headquartered in Tokyo, Japan. The company's core operations span five business segments: fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, and life sciences. Toray serves a diverse range of industries, including automotive, aerospace, electronics, construction, healthcare and water treatment, leveraging its material innovation to meet evolving market demands.

In the fibers & textiles division, Toray develops synthetic fibers and high-performance fabrics for applications such as apparel, industrial materials and automotive interiors.

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