Toray Industries (OTCMKTS:TRYIY) Share Price Passes Below 200-Day Moving Average - Should You Sell?

Toray Industries, Inc. (OTCMKTS:TRYIY - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.62 and traded as low as $11.82. Toray Industries shares last traded at $12.09, with a volume of 60,152 shares.

Toray Industries Stock Up 0.7 %

The stock has a 50-day moving average of $13.47 and a 200 day moving average of $12.66. The company has a market capitalization of $9.81 billion, a PE ratio of 29.88 and a beta of 0.55.

Toray Industries (OTCMKTS:TRYIY - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported $0.16 EPS for the quarter. Toray Industries had a return on equity of 2.62% and a net margin of 1.97%. Equities analysts forecast that Toray Industries, Inc. will post 0.73 EPS for the current fiscal 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.