Toray Industries (OTCMKTS:TRYIY) Shares Gap Down – Should You Sell?

Toray Industries Inc. (OTCMKTS:TRYIY) shares gapped down before the market opened on Monday . The stock had previously closed at $14.50, but opened at $13.76. Toray Industries shares last traded at $13.82, with a volume of 2,222 shares changing hands.

Analysts Set New Price Targets

Separately, Smbc Nikko Sec. upgraded shares of Toray Industries to a “strong-buy” rating in a report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Toray Industries Price Performance

The firm has a market cap of $10.16 billion, a P/E ratio of 19.30 and a beta of 0.49. The business’s fifty day simple moving average is $14.24 and its 200-day simple moving average is $14.10. The company has a current ratio of 1.78, a quick ratio of 1.16 and a debt-to-equity ratio of 0.28.

Toray Industries (OTCMKTS:TRYIY) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.09. Toray Industries had a return on equity of 4.25% and a net margin of 3.06%.The company had revenue of $4.22 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. As a group, analysts forecast 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.