Toyota Industries (OTCMKTS:TYIDY - Get Free Report) was upgraded by investment analysts at Zacks Research to a "hold" rating in a research report issued to clients and investors on Monday,Zacks.com reports.
Toyota Industries Price Performance
Shares of OTCMKTS TYIDY opened at $128.70 on Monday. The company's 50 day simple moving average is $128.70 and its 200 day simple moving average is $119.34. Toyota Industries has a fifty-two week low of $84.12 and a fifty-two week high of $136.11. The firm has a market capitalization of $38.67 billion and a P/E ratio of 0.37.
Toyota Industries Company Profile
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Toyota Industries Corporation, headquartered in Kariya, Aichi Prefecture, Japan, traces its origins to Sakichi Toyoda’s Toyoda Automatic Loom Works founded in 1926. As the founding member of the Toyota Group, it has grown from a textile machinery manufacturer into a diversified industrial and automotive supplier. Throughout its history, Toyota Industries has emphasized innovation, quality management and continuous improvement to expand its global footprint.
The company’s Material Handling Equipment segment, marketed under the Toyota Material Handling brand, is a leading producer of forklift trucks, warehouse vehicles and automated guided vehicles.
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