Toray Industries (OTCMKTS:TRYIY) Shares Pass Above Fifty Day Moving Average – Should You Sell?

Toray Industries, Inc. (OTCMKTS:TRYIYGet Free Report)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $12.21 and traded as high as $12.61. Toray Industries shares last traded at $12.57, with a volume of 36,586 shares trading hands.

Toray Industries Stock Performance

The company has a current ratio of 1.76, a quick ratio of 1.14 and a debt-to-equity ratio of 0.30. The company has a market cap of $10.25 billion, a price-to-earnings ratio of 32.22 and a beta of 0.76. The stock has a 50 day moving average price of $12.21 and a two-hundred day moving average price of $10.96.

Toray Industries Company Profile

(Get Free Report)

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.

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