Toray Industries (OTCMKTS:TRYIY) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Shares of Toray Industries Inc. (OTCMKTS:TRYIY) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.17 and traded as high as $14.22. Toray Industries shares last traded at $14.13, with a volume of 27,494 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Toray Industries to a “hold” rating in a research note on Tuesday, June 16th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Toray Industries Price Performance

The company has a 50-day moving average of $14.17 and a 200-day moving average of $14.57. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.15 and a current ratio of 1.78. The firm has a market capitalization of $10.63 billion, a price-to-earnings ratio of 20.19 and a beta of 0.50.

Toray Industries (OTCMKTS:TRYIY) last announced 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. Toray Industries had a net margin of 3.06% and a return on equity of 4.22%. The firm had revenue of $4.22 billion for the quarter, compared to the consensus estimate of $4.28 billion. Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. As a group, research analysts anticipate that Toray Industries Inc. will post 0.79 EPS for the current fiscal 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.