Toyota Industries (OTCMKTS:TYIDY) Shares Up 0.5% – Still a Buy?

Toyota Industries Co. (OTCMKTS:TYIDYGet Free Report) shot up 0.5% during mid-day trading on Monday . The stock traded as high as $111.00 and last traded at $110.99. 4,194 shares were traded during mid-day trading, an increase of 28% from the average session volume of 3,271 shares. The stock had previously closed at $110.4410.

Toyota Industries Stock Performance

The company has a 50-day simple moving average of $111.37 and a 200-day simple moving average of $112.87.

Toyota Industries Company Profile

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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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