Toray Industries (OTCMKTS:TRYIY) Share Price Passes Above 50 Day Moving Average – Here’s Why

Toray Industries Inc. (OTCMKTS:TRYIY)’s stock price 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 traded.

Wall Street Analyst Weigh In

Separately, Zacks Research raised 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 issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Toray Industries Stock Performance

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 stock’s fifty day moving average is $14.20 and its two-hundred day moving average is $14.49. The firm has a market capitalization of $10.66 billion, a price-to-earnings ratio of 20.24 and a beta of 0.50.

Toray Industries (OTCMKTS:TRYIY) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.09. The company had revenue of $4.22 billion during the quarter, compared to the consensus estimate of $4.28 billion. Toray Industries had a net margin of 3.06% and a return on equity of 4.22%. Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. On average, analysts predict 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.