Toray Industries (OTCMKTS:TRYIY) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Toray Industries Inc. (OTCMKTS:TRYIY)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.17 and traded as high as $14.22. Toray Industries shares last traded at $14.13, with a volume of 27,494 shares.

Wall Street Analyst Weigh In

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

Toray Industries Stock Down 1.7%

The business has a fifty day moving average of $14.17 and a 200 day moving average of $14.57. The company has a quick ratio of 1.15, a current ratio of 1.78 and a debt-to-equity ratio of 0.27. The firm has a market cap of $10.63 billion, a P/E ratio of 20.19 and a beta of 0.50.

Toray Industries (OTCMKTS:TRYIY) last posted its earnings results on Wednesday, May 13th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.09. The company had revenue of $4.22 billion during 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. On average, equities research analysts predict that Toray Industries Inc. will post 0.79 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.