Toray Industries Inc. (OTCMKTS:TRYIY – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $15.10, but opened at $16.32. Toray Industries shares last traded at $16.32, with a volume of 145 shares trading hands.
Toray Industries Trading Up 6.0%
The firm has a market capitalization of $13.13 billion, a price-to-earnings ratio of 20.08 and a beta of 0.54. The business has a 50-day moving average of $15.67 and a two-hundred day moving average of $15.05. The company has a quick ratio of 1.19, a current ratio of 1.87 and a debt-to-equity ratio of 0.27.
About Toray Industries
Toray Industries is a Japanese materials and chemicals company with operations spanning fibers and textiles, performance chemicals, carbon-fiber composite materials, environmental solutions, and life sciences. Its products include synthetic fibers and fabrics, plastics and films, carbon fiber, and water-treatment membranes. Founded in 1926 as Toyo Rayon, the company initially focused on rayon and later expanded into a broad range of advanced materials and technologies. It adopted the name Toray Industries in 1970.
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