Toray Industries (OTCMKTS:TRYIY) Sees Unusually-High Trading Volume After Analyst Upgrade

Toray Industries Inc. (OTCMKTS:TRYIY) shares saw unusually-high trading volume on Tuesday after Zacks Research upgraded the stock to a hold rating. Approximately 50,445 shares traded hands during mid-day trading, an increase of 68% from the previous session’s volume of 30,040 shares.The stock last traded at $14.7150 and had previously closed at $14.89.

Separately, Smbc Nikko Sec. raised shares of Toray Industries to a “strong-buy” rating in a research note on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Toray Industries presently has a consensus rating of “Moderate Buy”.

Toray Industries Price Performance

The company has a quick ratio of 1.15, a current ratio of 1.78 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $11.08 billion, a price-to-earnings ratio of 21.04 and a beta of 0.49. The company’s 50-day simple moving average is $14.25 and its 200 day simple moving average is $14.34.

Toray Industries (OTCMKTS:TRYIY) last posted its earnings results on Wednesday, May 13th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.25 by $0.09. The firm had revenue of $4.22 billion for the quarter, compared to the consensus estimate of $4.28 billion. Toray Industries had a net margin of 3.06% and a return on equity of 4.22%. Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. Equities research analysts forecast that Toray Industries Inc. will post 0.79 EPS for the current year.

About Toray Industries

Toray Industries, Inc is a global leader in advanced materials and chemical technologies, headquartered in Tokyo, Japan. The company’s core operations span five business segments: fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, and life sciences. Toray serves a diverse range of industries, including automotive, aerospace, electronics, construction, healthcare and water treatment, leveraging its material innovation to meet evolving market demands.

In the fibers & textiles division, Toray develops synthetic fibers and high-performance fabrics for applications such as apparel, industrial materials and automotive interiors.