Toray Industries Inc. (OTCMKTS:TRYIY - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $13.6310, but opened at $13.9980. Toray Industries shares last traded at $13.98, with a volume of 2,613 shares.
Analyst Upgrades and Downgrades
Separately, Smbc Nikko Sec. upgraded shares of Toray Industries to a "strong-buy" rating in a research note on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".
Get Our Latest Analysis on Toray Industries
Toray Industries Trading Down 1.7%
The business's fifty day moving average is $15.25 and its 200-day moving average is $13.72. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.16 and a current ratio of 1.78. The firm has a market cap of $10.43 billion, a P/E ratio of 35.56 and a beta of 0.40.
Toray Industries (OTCMKTS:TRYIY - Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.17). The business had revenue of $4.40 billion during the quarter, compared to analyst estimates 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. Analysts predict that Toray Industries Inc. will post 0.73 EPS for the current year.
About Toray Industries
(
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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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