Shares of Toyota Industries Co. (OTCMKTS:TYIDY – Get Free Report) shot up 11.3% on Monday . The stock traded as high as $127.33 and last traded at $126.10. 9,733 shares changed hands during trading, an increase of 135% from the average session volume of 4,145 shares. The stock had previously closed at $113.33.
Analyst Upgrades and Downgrades
Separately, Sanford C. Bernstein assumed coverage on Toyota Industries in a research report on Monday, April 14th. They set an “outperform” rating on the stock.
Check Out Our Latest Research Report on Toyota Industries
Toyota Industries Trading Up 11.3%
Toyota Industries Company Profile
Toyota Industries Corporation manufactures and sells textiles machinery, materials handling equipment, automobiles, and automobile parts in Japan, the United States, and internationally. The company operates through Automobile, Materials Handling Equipment, and Textile Machinery segments. It provides vehicles; gasoline and diesel engines for automobiles and industrial equipment; turbochargers and foundry parts; car air-conditioning compressors; car electronics comprising DC-DC converters, in-vehicle chargers, on-board chargers and DC-DC converter units, and DC-AC inverters; batteries; and stamping dies, including automotive and lift truck stamping dies.
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