Toyota Tsusho (OTCMKTS:TYHOF) Shares Up 14.9% – Time to Buy?

Toyota Tsusho Co. (OTCMKTS:TYHOFGet Free Report)’s stock price rose 14.9% during trading on Friday . The company traded as high as $46.40 and last traded at $46.40. Approximately 810 shares traded hands during trading, an increase of 10% from the average daily volume of 734 shares. The stock had previously closed at $40.40.

Toyota Tsusho Trading Up 14.9%

The firm’s 50-day moving average price is $35.44 and its two-hundred day moving average price is $30.11.

Toyota Tsusho Company Profile

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Toyota Tsusho Corporation, a member of the Toyota Group, is a global trading and investment specialist headquartered in Nagoya, Japan. As one of Japan’s leading sōgō shōsha (general trading companies), it engages in a wide range of activities spanning automotive distribution, metals and mineral resources, machinery, energy, chemicals, and food and consumer products. The company leverages deep industry expertise and supply‐chain management capabilities to coordinate international trade and logistics solutions for clients worldwide.

Through its automotive division, Toyota Tsusho supports vehicle manufacturers with components sourcing, parts procurement and aftermarket operations.

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