Toray Industries (OTCMKTS:TRYIY) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Toray Industries, Inc. (OTCMKTS:TRYIYGet Free Report)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $12.41 and traded as high as $12.81. Toray Industries shares last traded at $12.79, with a volume of 32,911 shares traded.

Toray Industries Stock Up 1.2 %

The company’s 50-day moving average price is $12.52 and its 200 day moving average price is $11.16. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.14 and a current ratio of 1.76. The stock has a market cap of $10.63 billion, a PE ratio of 33.41 and a beta of 0.76.

About Toray Industries

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Toray Industries, Inc, together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; ultra-fine fibers; and apparel products.

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