Toray Industries (OTCMKTS:TRYIY) Sees Strong Trading Volume – Time to Buy?

Toray Industries Inc. (OTCMKTS:TRYIY) shares saw an uptick in trading volume on Tuesday . 36,803 shares traded hands during mid-day trading, an increase of 20% from the previous session’s volume of 30,712 shares.The stock last traded at $14.0550 and had previously closed at $14.50.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Toray Industries to a “hold” rating in a research note on Tuesday, June 16th. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Toray Industries Price Performance

The company has a debt-to-equity ratio of 0.27, a current ratio of 1.78 and a quick ratio of 1.15. The company has a 50 day moving average price of $14.26 and a 200 day moving average price of $14.38. The firm has a market cap of $10.55 billion, a PE ratio of 20.04 and a beta of 0.49.

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