Toyota Industries (OTCMKTS:TYIDY) Shares Gap Down – Time to Sell?

Toyota Industries Co. (OTCMKTS:TYIDYGet Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $127.97, but opened at $120.40. Toyota Industries shares last traded at $120.40, with a volume of 261 shares.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Toyota Industries to a “hold” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Toyota Industries has an average rating of “Hold”.

View Our Latest Analysis on Toyota Industries

Toyota Industries Stock Performance

The firm has a market capitalization of $36.18 billion and a price-to-earnings ratio of 0.37. The stock’s fifty day moving average is $126.72 and its two-hundred day moving average is $125.05.

About Toyota Industries

(Get Free Report)

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.

See Also

Receive News & Ratings for Toyota Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toyota Industries and related companies with MarketBeat.com's FREE daily email newsletter.