Toray Industries (OTCMKTS:TRYIY) Sees Large Volume Increase – Still a Buy?

Toray Industries Inc. (OTCMKTS:TRYIYGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 50,445 shares traded hands during trading, an increase of 68% from the previous session’s volume of 30,040 shares.The stock last traded at $14.7150 and had previously closed at $14.89.

Wall Street Analysts Forecast Growth

Separately, Smbc Nikko Sec. upgraded Toray Industries to a “strong-buy” rating in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy”.

Read Our Latest Research Report on Toray Industries

Toray Industries Stock Performance

The company has a debt-to-equity ratio of 0.27, a current ratio of 1.78 and a quick ratio of 1.15. The business has a 50-day simple moving average of $14.24 and a 200 day simple moving average of $14.32. The firm has a market cap of $11.06 billion, a PE ratio of 21.00 and a beta of 0.49.

Toray Industries (OTCMKTS:TRYIYGet Free Report) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.09. The business had revenue of $4.22 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Toray Industries had a return on equity of 4.22% and a net margin of 3.06%.Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. Equities research analysts forecast that Toray Industries Inc. will post 0.79 EPS for the current year.

About Toray Industries

(Get Free Report)

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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