Toray Industries (OTCMKTS:TRYIY) Sees Strong Trading Volume Following Analyst Upgrade

Toray Industries Inc. (OTCMKTS:TRYIY) saw strong trading volume on Tuesday after Zacks Research upgraded the stock to a hold rating. 50,445 shares were traded during trading, an increase of 68% from the previous session’s volume of 30,040 shares.The stock last traded at $14.7150 and had previously closed at $14.89.

Separately, Smbc Nikko Sec. raised shares of Toray Industries to a “strong-buy” rating in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Toray Industries Stock Performance

The company has a market cap of $11.08 billion, a P/E ratio of 21.04 and a beta of 0.49. The business’s 50 day simple moving average is $14.25 and its 200 day simple moving average is $14.34. The company has a current ratio of 1.78, a quick ratio of 1.15 and a debt-to-equity ratio of 0.27.

Toray Industries (OTCMKTS:TRYIY) last released its earnings results on Wednesday, May 13th. The company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.09. Toray Industries had a net margin of 3.06% and a return on equity of 4.22%. The company had revenue of $4.22 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. Sell-side analysts predict that Toray Industries Inc. will post 0.79 earnings per share for the current fiscal year.

About Toray Industries

Toray Industries, Inc is a global leader in advanced materials and chemical technologies, headquartered in Tokyo, Japan. The company’s core operations span five business segments: fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, and life sciences. Toray serves a diverse range of industries, including automotive, aerospace, electronics, construction, healthcare and water treatment, leveraging its material innovation to meet evolving market demands.

In the fibers & textiles division, Toray develops synthetic fibers and high-performance fabrics for applications such as apparel, industrial materials and automotive interiors.