Toray Industries Inc. (OTCMKTS:TRYIY) Short Interest Down 53.9% in July

Toray Industries Inc. (OTCMKTS:TRYIYGet Free Report) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 17,090 shares, a drop of 53.9% from the June 30th total of 37,110 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 71,080 shares, the days-to-cover ratio is presently 0.2 days.

Toray Industries Trading Up 0.8%

OTCMKTS:TRYIY opened at $14.18 on Thursday. The business’s 50-day moving average is $14.19 and its two-hundred day moving average is $14.59. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.78 and a quick ratio of 1.15. Toray Industries has a 12 month low of $11.70 and a 12 month high of $17.51. The firm has a market capitalization of $10.67 billion, a PE ratio of 20.26 and a beta of 0.50.

Toray Industries (OTCMKTS:TRYIYGet Free Report) last issued its earnings results on Wednesday, May 13th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.09. Toray Industries had a return on equity of 4.22% and a net margin of 3.06%.The company had revenue of $4.22 billion during the quarter, compared to the consensus estimate of $4.28 billion. Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. Research analysts predict that Toray Industries will post 0.79 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Toray Industries to a “hold” rating in a report on Tuesday, June 16th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy”.

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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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