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

Toray Industries, Inc. (OTCMKTS:TRYIY)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $14.18 and last traded at $14.09, with a volume of 16640 shares. The stock had previously closed at $13.56.

Toray Industries Stock Performance

The stock’s fifty day simple moving average is $12.96 and its 200-day simple moving average is $11.56. The stock has a market cap of $11.29 billion, a P/E ratio of 36.13 and a beta of 0.77.

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

About Toray Industries

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.