Toray Industries (OTCMKTS:TRYIY) Stock Price Passes Below Two Hundred Day Moving Average of $9.80

Shares of Toray Industries, Inc. (OTCMKTS:TRYIY) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.80 and traded as low as $9.00. Toray Industries shares last traded at $9.04, with a volume of 45,156 shares traded.

Toray Industries Stock Down 1.8 %

The stock’s 50-day moving average price is $9.37 and its 200 day moving average price is $9.80.

Toray Industries (OTCMKTS:TRYIY) last announced its quarterly earnings data on Tuesday, February 13th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.03). The business had revenue of $4.27 billion during the quarter. Toray Industries had a return on equity of 2.52% and a net margin of 1.77%. On average, research analysts forecast that Toray Industries, Inc. will post 0.52 EPS for the current year.

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.