Toray Industries (OTCMKTS:TRYIY – Get Free Report) is expected to post its results after the market closes on Friday, November 13th. Analysts expect the company to post earnings of $0.2520 per share and revenue of $4.45 billion for the quarter.
Toray Industries Price Performance
Shares of OTCMKTS TRYIY opened at $17.45 on Thursday. The firm’s 50-day moving average price is $15.67 and its 200-day moving average price is $15.05. Toray Industries has a 1-year low of $12.00 and a 1-year high of $17.51. The firm has a market capitalization of $13.13 billion, a P/E ratio of 20.08 and a beta of 0.54. The company has a current ratio of 1.87, a quick ratio of 1.19 and a debt-to-equity ratio of 0.27.
About Toray Industries
Toray Industries is a Japanese materials and chemicals company with operations spanning fibers and textiles, performance chemicals, carbon-fiber composite materials, environmental solutions, and life sciences. Its products include synthetic fibers and fabrics, plastics and films, carbon fiber, and water-treatment membranes. Founded in 1926 as Toyo Rayon, the company initially focused on rayon and later expanded into a broad range of advanced materials and technologies. It adopted the name Toray Industries in 1970.
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