Toyo Tire (OTCMKTS:TOTTF) Shares Down 4.1% – What’s Next?

Shares of Toyo Tire Co. (OTCMKTS:TOTTFGet Free Report) fell 4.1% during trading on Thursday . The company traded as low as $23.74 and last traded at $23.74. Approximately 1,000 shares changed hands during mid-day trading, an increase of 567% from the average daily volume of 150 shares. The stock had previously closed at $24.75.

Toyo Tire Trading Down 4.1%

The company’s 50-day moving average price is $25.39 and its two-hundred day moving average price is $25.81.

Toyo Tire Company Profile

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Toyo Tire & Rubber Co, Ltd. (OTCMKTS:TOTTF) is a Japanese-based manufacturer specializing in the design, development and production of tires and rubber products. The company’s product portfolio encompasses high-performance tires for passenger cars, SUVs, light trucks and commercial vehicles, as well as specialty rubber components for industrial and construction equipment. Under its two core brands, Toyo Tires and Nitto Tire, the firm offers a range of tire lines, including all-season, touring, performance and off-road models, alongside motorsport and competition-grade compounds.

Founded in 1945 in Itami, Hyogo Prefecture, Toyo Tire has evolved from a regional rubber producer into a global tire supplier.

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