Toray Industries (OTCMKTS:TRYIY) Reaches New 12-Month High – What’s Next?

Toray Industries, Inc. (OTCMKTS:TRYIY) reached a new 52-week high during trading on Thursday . The company traded as high as $13.79 and last traded at $13.52, with a volume of 14924 shares trading hands. The stock had previously closed at $13.36.

Toray Industries Price Performance

The stock has a market cap of $10.92 billion, a P/E ratio of 34.67 and a beta of 0.76. The company has a fifty day moving average of $12.72 and a 200 day moving average of $11.34.

Toray Industries (OTCMKTS:TRYIY) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.24 earnings per share (EPS) for the quarter. The company had revenue of $4.41 billion for the quarter. Toray Industries had a return on equity of 2.50% and a net margin of 1.87%. As a group, analysts anticipate that Toray Industries, Inc. will post 0.72 EPS for the current year.

Toray Industries Company Profile

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.