Toray Industries (OTCMKTS:TRYIY) Shares Gap Down – Here’s Why

Toray Industries Inc. (OTCMKTS:TRYIY) shares gapped down prior to trading on Friday . The stock had previously closed at $14.91, but opened at $14.2780. Toray Industries shares last traded at $14.2360, with a volume of 2,501 shares changing hands.

Analyst Ratings Changes

Separately, Smbc Nikko Sec. raised shares of Toray Industries to a “strong-buy” rating in a research report on Tuesday, February 17th. One investment 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.com, Toray Industries currently has a consensus rating of “Moderate Buy”.

Toray Industries Trading Down 0.1%

The company has a debt-to-equity ratio of 0.28, a current ratio of 1.78 and a quick ratio of 1.16. The company has a fifty day moving average of $15.27 and a 200-day moving average of $13.70. The firm has a market capitalization of $10.76 billion, a PE ratio of 36.69 and a beta of 0.40.

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