Toray Industries Inc. (OTCMKTS:TRYIY – Get Free Report) shares gapped up before the market opened on Friday. The stock had previously closed at $15.04, but opened at $15.69. Toray Industries shares last traded at $14.9796, with a volume of 4,246 shares trading hands.
Toray Industries Trading Up 0.0%
The business’s 50 day moving average is $15.88 and its two-hundred day moving average is $14.95. The company has a quick ratio of 1.19, a current ratio of 1.87 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $11.32 billion, a P/E ratio of 18.35 and a beta of 0.50.
Toray Industries (OTCMKTS:TRYIY – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.07. The business had revenue of $4.31 billion during the quarter, compared to the consensus estimate of $4.03 billion. Toray Industries had a net margin of 3.48% and a return on equity of 4.84%. Analysts expect that Toray Industries Inc. will post 0.79 EPS for the current year.
About Toray Industries
Toray Industries, Inc is a Japan-based diversified chemical company that develops and manufactures advanced materials and related products. Founded in 1926 and headquartered in Tokyo, Toray began as a producer of rayon and has expanded into a global materials group serving industrial, commercial and consumer markets.
The company’s businesses include fibers and textiles, performance chemicals, carbon fiber and composite materials, films, resins, electronic materials, water treatment membranes and other environmental solutions.
See Also
- Five stocks we like better than Toray Industries
- Palantir’s Next Big Test Isn’t a Partnership—It’s the Numbers
- Kinder Morgan’s $4.7 Billion Pipeline Bet Could Be Bigger Than Its Earnings Beat
- Capital One Earnings: After a Double Beat the Rally Is On
- Tractor Supply’s Q3 Beat Plants the Seeds for a Stock Rebound
Receive News & Ratings for Toray Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toray Industries and related companies with MarketBeat.com's FREE daily email newsletter.
