Toray Industries (OTCMKTS:TRYIY) Sets New 12-Month High – Here’s What Happened

Shares of Toray Industries, Inc. (OTCMKTS:TRYIY) hit a new 52-week high during trading on Thursday . The company traded as high as $13.79 and last traded at $13.52, with a volume of 14924 shares traded. The stock had previously closed at $13.36.

Toray Industries Price Performance

The firm has a market capitalization of $10.83 billion, a PE ratio of 34.26 and a beta of 0.76. The stock’s 50-day moving average price is $12.63 and its 200 day moving average price is $11.30.

Toray Industries (OTCMKTS:TRYIY) last posted its earnings results on Thursday, November 7th. The company reported $0.24 EPS for the quarter. The business had revenue of $4.41 billion for the quarter. Toray Industries had a net margin of 1.87% and a return on equity of 2.50%. Equities research analysts forecast that Toray Industries, Inc. will post 0.72 earnings per share for the current fiscal year.

Toray Industries Company Profile

Toray Industries, Inc, together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; ultra-fine fibers; and apparel products.