Toyo Tire (OTCMKTS:TOTTF) Stock Price Down 4.1% – Here’s Why

Toyo Tire Co. (OTCMKTS:TOTTFGet Free Report)’s share price dropped 4.1% during trading on Thursday . The stock traded as low as $23.74 and last traded at $23.74. Approximately 1,000 shares traded hands during trading, an increase of 567% from the average session volume of 150 shares. The stock had previously closed at $24.75.

Toyo Tire Price Performance

The stock has a 50-day moving average of $25.39 and a two-hundred day moving average of $25.81.

About Toyo Tire

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Toyo Tire & Rubber Co, Ltd. (OTCMKTS:TOTTF) is a Japanese-based manufacturer specializing in the design, development and production of tires and rubber products. The company’s product portfolio encompasses high-performance tires for passenger cars, SUVs, light trucks and commercial vehicles, as well as specialty rubber components for industrial and construction equipment. Under its two core brands, Toyo Tires and Nitto Tire, the firm offers a range of tire lines, including all-season, touring, performance and off-road models, alongside motorsport and competition-grade compounds.

Founded in 1945 in Itami, Hyogo Prefecture, Toyo Tire has evolved from a regional rubber producer into a global tire supplier.

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