Toray Industries (OTCMKTS:TRYIY) Hits New 12-Month High – Still a Buy?

Shares of Toray Industries, Inc. (OTCMKTS:TRYIYGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as $13.39 and last traded at $12.87, with a volume of 27177 shares changing hands. The stock had previously closed at $12.79.

Toray Industries Stock Performance

The business’s fifty day moving average is $12.45 and its two-hundred day moving average is $11.13. The stock has a market capitalization of $10.50 billion, a PE ratio of 33.00 and a beta of 0.76. The company has a quick ratio of 1.14, a current ratio of 1.76 and a debt-to-equity ratio of 0.30.

Toray Industries Company Profile

(Get Free Report)

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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