Toray Industries (OTCMKTS:TRYIY) Sets New 1-Year High – What’s Next?

Toray Industries, Inc. (OTCMKTS:TRYIY) reached a new 52-week high during trading on Thursday . The stock traded as high as $14.13 and last traded at $13.75, with a volume of 8184 shares traded. The stock had previously closed at $13.65.

Toray Industries Stock Up 0.7 %

The firm has a market capitalization of $11.01 billion, a price-to-earnings ratio of 35.26 and a beta of 0.76. The firm’s 50 day moving average is $12.83 and its 200 day moving average is $11.44.

Toray Industries (OTCMKTS:TRYIY) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.24 earnings per share for the quarter. The firm had revenue of $4.41 billion for the quarter. Toray Industries had a net margin of 1.87% and a return on equity of 2.50%. On average, sell-side analysts predict that Toray Industries, Inc. will post 0.72 earnings per share for the current year.

Toray Industries Company Profile

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.