Toray Industries (OTCMKTS:TRYIY) Stock Passes Above Fifty Day Moving Average – Should You Sell?

Toray Industries Inc. (OTCMKTS:TRYIY) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $14.20 and traded as high as $14.20. Toray Industries shares last traded at $14.17, with a volume of 33,932 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Toray Industries to a “hold” rating in a research report on Tuesday, June 16th. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Toray Industries Price Performance

The stock has a market cap of $10.67 billion, a price-to-earnings ratio of 20.27 and a beta of 0.50. The company has a 50-day moving average of $14.21 and a 200-day moving average of $14.49. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.15 and a current ratio of 1.78.

Toray Industries (OTCMKTS:TRYIY) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.09. The company 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. As a group, equities research analysts predict that Toray Industries Inc. will post 0.79 earnings per share 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.