Toray Industries (OTCMKTS:TRYIY) Updates FY 2024 Earnings Guidance

Toray Industries (OTCMKTS:TRYIY) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.360-0.360 for the period. The company issued revenue guidance of $17.0 billion-$17.0 billion.

Toray Industries Trading Up 1.4 %

TRYIY opened at $14.02 on Wednesday. The stock has a fifty day simple moving average of $13.08 and a two-hundred day simple moving average of $11.68. The company has a market cap of $11.23 billion, a price-to-earnings ratio of 36.53 and a beta of 0.77. Toray Industries has a 12-month low of $8.74 and a 12-month high of $14.76.

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.