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Toray Industries (OTCMKTS:TRYIY) Sets New 12-Month High - Here's Why

Toray Industries logo with Basic Materials background

Toray Industries, Inc. (OTCMKTS:TRYIY - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $14.80 and last traded at $14.17, with a volume of 15218 shares changing hands. The stock had previously closed at $14.40.

Toray Industries Price Performance

The stock has a market cap of $11.02 billion, a PE ratio of 33.56 and a beta of 0.74. The stock's fifty day moving average is $13.66 and its 200-day moving average is $12.52.

Toray Industries (OTCMKTS:TRYIY - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.16 earnings per share for the quarter. Toray Industries had a net margin of 1.97% and a return on equity of 2.62%. On average, sell-side analysts expect that Toray Industries, Inc. will post 0.73 EPS for the current fiscal year.

Toray Industries Company Profile

(Get Free Report)

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.

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