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

Shares of Toray Industries Inc. (OTCMKTS:TRYIY) gapped down prior to trading on Friday . The stock had previously closed at $16.97, but opened at $16.34. Toray Industries shares last traded at $16.34, with a volume of 239 shares.

Analyst Upgrades and Downgrades

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

Toray Industries Stock Performance

The company has a debt-to-equity ratio of 0.28, a current ratio of 1.83 and a quick ratio of 1.15. The company has a 50 day simple moving average of $14.46 and a 200-day simple moving average of $13.44. The firm has a market cap of $12.43 billion, a PE ratio of 42.38 and a beta of 0.43.

Toray Industries (OTCMKTS:TRYIY) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.17). Toray Industries had a return on equity of 2.38% and a net margin of 1.71%.The business had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.20 billion. Toray Industries has set its FY 2025 guidance at 0.707-0.707 EPS. As a group, equities research analysts anticipate that Toray Industries Inc. will post 0.73 EPS for the current 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.