Toray Industries (OTCMKTS:TRYIY) Announces Quarterly Earnings Results

Toray Industries (OTCMKTS:TRYIY) released its quarterly earnings results on Wednesday. The company reported $0.16 earnings per share (EPS) for the quarter, Zacks reports. Toray Industries had a return on equity of 2.50% and a net margin of 1.87%. Toray Industries updated its FY 2024 guidance to 0.360-0.360 EPS.

Toray Industries Stock Up 1.4 %

Shares of TRYIY stock opened at $14.02 on Wednesday. The business’s 50 day moving average is $13.08 and its two-hundred day moving average is $11.68. Toray Industries has a 12 month low of $8.74 and a 12 month high of $14.76. The company has a market cap of $11.23 billion, a PE ratio of 35.95 and a beta of 0.77.

About Toray Industries

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.