Toray Industries (OTCMKTS:TRYIY) Shares Gap Down – Time to Sell?

Toray Industries Inc. (OTCMKTS:TRYIY) shares gapped down prior to trading on Tuesday . The stock had previously closed at $14.7850, but opened at $14.29. Toray Industries shares last traded at $14.27, with a volume of 1,332 shares.

Analyst Upgrades and Downgrades

Separately, Smbc Nikko Sec. raised shares of Toray Industries to a “strong-buy” rating in a report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Toray Industries presently has a consensus rating of “Moderate Buy”.

Toray Industries Price Performance

The company has a quick ratio of 1.16, a current ratio of 1.78 and a debt-to-equity ratio of 0.28. The firm has a market cap of $10.73 billion, a PE ratio of 36.58 and a beta of 0.49. The firm’s fifty day simple moving average is $15.07 and its two-hundred day simple moving average is $13.88.

Toray Industries (OTCMKTS:TRYIY) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.17). Toray Industries had a net margin of 1.71% and a return on equity of 2.38%. The firm had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.20 billion. Toray Industries has set its FY 2025 guidance at 0.707-0.707 EPS. As a group, research analysts expect that Toray Industries Inc. will post 0.71 EPS for the current year.

About Toray Industries

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.