Toray Industries (OTCMKTS:TRYIY) Hits New 52-Week High – Here’s What Happened

Toray Industries Inc. (OTCMKTS:TRYIY) hit a new 52-week high on Tuesday . The company traded as high as $17.0890 and last traded at $17.04, with a volume of 43762 shares trading hands. The stock had previously closed at $16.56.

Analyst Ratings Changes

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

Toray Industries Stock Up 2.1%

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.15 and a current ratio of 1.83. The firm has a market capitalization of $13.15 billion, a P/E ratio of 44.84 and a beta of 0.43. The stock has a fifty day moving average price of $14.68 and a two-hundred day moving average price of $13.50.

Toray Industries (OTCMKTS:TRYIY) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.17). The firm had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.20 billion. Toray Industries had a return on equity of 2.38% and a net margin of 1.71%.Toray Industries has set its FY 2025 guidance at 0.707-0.707 EPS. Research analysts forecast that Toray Industries Inc. will post 0.73 EPS for the current year.

Toray Industries Company Profile

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.