Shares of Toray Industries Inc. (OTCMKTS:TRYIY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $13.41, but opened at $13.93. Toray Industries shares last traded at $13.79, with a volume of 1,825 shares.
Analyst Ratings Changes
Separately, Nomura Securities raised shares of Toray Industries to a "hold" rating in a report on Friday, June 6th.
Read Our Latest Research Report on Toray Industries
Toray Industries Stock Down 2.3%
The company has a current ratio of 1.70, a quick ratio of 1.10 and a debt-to-equity ratio of 0.26. The firm's 50 day simple moving average is $13.24 and its two-hundred day simple moving average is $13.24. The firm has a market cap of $10.57 billion, a price-to-earnings ratio of 20.61 and a beta of 0.58.
Toray Industries (OTCMKTS:TRYIY - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $0.03 earnings per share 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 business had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4.42 billion. On average, equities analysts forecast that Toray Industries Inc. will post 0.73 EPS for the current year.
Toray Industries Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Toray Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Toray Industries wasn't on the list.
While Toray Industries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.