Toray Industries (OTCMKTS:TRYIY – Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.27 EPS for the quarter, Zacks reports. Toray Industries had a return on equity of 4.22% and a net margin of 3.06%.
Toray Industries Price Performance
TRYIY traded up $1.35 during trading on Thursday, reaching $16.36. 12,425 shares of the company were exchanged, compared to its average volume of 30,819. The company’s 50-day moving average is $14.30 and its two-hundred day moving average is $14.61. The company has a quick ratio of 1.15, a current ratio of 1.78 and a debt-to-equity ratio of 0.27. The company has a market cap of $12.31 billion, a price-to-earnings ratio of 23.37 and a beta of 0.50. Toray Industries has a 12-month low of $11.70 and a 12-month high of $17.51.
Analyst Ratings Changes
Separately, Zacks Research raised Toray Industries to a “hold” rating in a research note on Tuesday, June 16th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy”.
Toray Industries Company Profile
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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