Toray Industries Inc. (OTCMKTS:TRYIY – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 5,045 shares, an increase of 65.4% from the September 15th total of 3,050 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 43,573 shares, the short-interest ratio is currently 0.1 days.
Toray Industries Stock Performance
OTCMKTS TRYIY opened at $15.60 on Friday. The firm has a market capitalization of $11.73 billion, a P/E ratio of 19.15 and a beta of 0.50. The company has a current ratio of 1.87, a quick ratio of 1.19 and a debt-to-equity ratio of 0.27. The firm’s fifty day moving average price is $16.06 and its two-hundred day moving average price is $14.91. Toray Industries has a 1 year low of $11.84 and a 1 year high of $17.51.
Toray Industries (OTCMKTS:TRYIY – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.07. Toray Industries had a net margin of 3.48% and a return on equity of 4.84%. The firm had revenue of $4.31 billion during the quarter, compared to analysts’ expectations of $4.03 billion. As a group, research analysts anticipate that Toray Industries will post 0.79 EPS for the current year.
About Toray Industries
Toray Industries, Inc is a Japan-based chemical and advanced materials company founded in 1926. The company develops and manufactures materials and products used in industrial, consumer, automotive, aerospace, electronics, medical and environmental applications.
Its businesses include fibers and textiles, carbon fiber and other composite materials, films, resins, chemicals and electronic materials. Toray also provides water-treatment membranes and equipment, engineering services, and pharmaceutical products.
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