Toyota Industries Co. (OTCMKTS:TYIDY – Get Free Report) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 4 shares, a decrease of 77.8% from the June 30th total of 18 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 519 shares, the days-to-cover ratio is currently 0.0 days.
Toyota Industries Stock Performance
Shares of TYIDY opened at $127.51 on Friday. The company has a market capitalization of $38.31 billion and a PE ratio of 0.37. The stock has a fifty day moving average of $126.45 and a two-hundred day moving average of $126.56. Toyota Industries has a fifty-two week low of $105.38 and a fifty-two week high of $136.11.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded Toyota Industries to a “hold” rating in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.
About Toyota Industries
Toyota Industries Corporation, headquartered in Kariya, Aichi Prefecture, Japan, traces its origins to Sakichi Toyoda’s Toyoda Automatic Loom Works founded in 1926. As the founding member of the Toyota Group, it has grown from a textile machinery manufacturer into a diversified industrial and automotive supplier. Throughout its history, Toyota Industries has emphasized innovation, quality management and continuous improvement to expand its global footprint.
The company’s Material Handling Equipment segment, marketed under the Toyota Material Handling brand, is a leading producer of forklift trucks, warehouse vehicles and automated guided vehicles.
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