Toray Industries (OTCMKTS:TRYIY) Posts Quarterly Earnings Results

Toray Industries (OTCMKTS:TRYIY) announced its quarterly earnings data on Wednesday. The company reported $0.16 EPS for the quarter, Zacks reports. Toray Industries had a return on equity of 2.50% and a net margin of 1.87%. Toray Industries updated its FY 2024 guidance to 0.360-0.360 EPS.

Toray Industries Stock Performance

Shares of OTCMKTS TRYIY opened at $14.02 on Wednesday. The firm has a 50 day moving average price of $13.08 and a 200 day moving average price of $11.68. The stock has a market cap of $11.23 billion, a P/E ratio of 35.95 and a beta of 0.77. Toray Industries has a 52-week low of $8.74 and a 52-week high of $14.76.

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.