Toray Industries (OTCMKTS:TRYIY) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Toray Industries Inc. (OTCMKTS:TRYIY) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $14.59 and traded as low as $14.55. Toray Industries shares last traded at $14.62, with a volume of 30,385 shares traded.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Toray Industries to a “hold” rating in a research report on Tuesday, June 16th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Toray Industries Price Performance

The company has a 50 day moving average price of $14.25 and a 200 day moving average price of $14.59. The company has a market capitalization of $11.00 billion, a price-to-earnings ratio of 20.89 and a beta of 0.50. The company has a current ratio of 1.78, a quick ratio of 1.15 and a debt-to-equity ratio of 0.27.

Toray Industries (OTCMKTS:TRYIY) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.09. The business had revenue of $4.22 billion for the quarter, compared to analyst estimates 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 forecast that Toray Industries Inc. will post 0.79 earnings per share for the current year.

Toray Industries Company Profile

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.