Toray Industries (OTCMKTS:TRYIY) Shares Gap Down – What’s Next?

Toray Industries Inc. (OTCMKTS:TRYIYGet Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $14.50, but opened at $13.76. Toray Industries shares last traded at $13.82, with a volume of 2,222 shares.

Analysts Set New Price Targets

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

Read Our Latest Research Report on TRYIY

Toray Industries Stock Performance

The company has a debt-to-equity ratio of 0.28, a current ratio of 1.78 and a quick ratio of 1.16. The stock has a 50-day moving average price of $14.30 and a 200-day moving average price of $14.09. The firm has a market capitalization of $10.29 billion, a PE ratio of 19.54 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, beating analysts’ consensus estimates of $0.25 by $0.09. Toray Industries had a return on equity of 4.25% and a net margin of 3.06%.The firm had revenue of $4.22 billion during the quarter, compared to the consensus estimate of $4.28 billion. Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS.

Toray Industries Company Profile

(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.

See Also

Receive News & Ratings for Toray Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toray Industries and related companies with MarketBeat.com's FREE daily email newsletter.