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Toray Industries (OTCMKTS:TRYIY) Reaches New 12-Month High - Time to Buy?

Toray Industries logo with Industrial Products background

Toray Industries, Inc. (OTCMKTS:TRYIY - Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as $14.13 and last traded at $13.75, with a volume of 8184 shares. The stock had previously closed at $13.65.

Toray Industries Stock Performance

The company's fifty day simple moving average is $12.90 and its two-hundred day simple moving average is $11.49. The stock has a market capitalization of $11.05 billion, a P/E ratio of 35.36 and a beta of 0.76.

Toray Industries (OTCMKTS:TRYIY - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.24 earnings per share for the quarter. Toray Industries had a return on equity of 2.50% and a net margin of 1.87%. The firm had revenue of $4.41 billion for the quarter. On average, research analysts predict that Toray Industries, Inc. will post 0.72 earnings per share 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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