Toray Industries (OTCMKTS:TRYIY) Shares Gap Down – What’s Next?

Toray Industries Inc. (OTCMKTS:TRYIY) shares gapped down prior to trading on Tuesday . The stock had previously closed at $14.8250, but opened at $13.92. Toray Industries shares last traded at $14.54, with a volume of 563 shares trading hands.

Wall Street Analyst Weigh In

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

Toray Industries Trading Down 1.2%

The business’s 50-day simple moving average is $15.16 and its two-hundred day simple moving average is $13.84. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.78 and a quick ratio of 1.16. The stock has a market capitalization of $10.86 billion, a price-to-earnings ratio of 37.03 and a beta of 0.49.

Toray Industries (OTCMKTS:TRYIY) last issued its earnings results on Tuesday, February 10th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.17). The company had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.20 billion. Toray Industries had a return on equity of 2.38% and a net margin of 1.71%.Toray Industries has set its FY 2025 guidance at 0.707-0.707 EPS. On average, research analysts anticipate that Toray Industries Inc. will post 0.73 earnings per share for the current fiscal year.

About Toray Industries

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.