Shares of Toray Industries, Inc. (OTCMKTS:TRYIY – Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $14.80 and last traded at $14.17, with a volume of 15218 shares trading hands. The stock had previously closed at $14.40.
Toray Industries Stock Down 2.3 %
The stock has a market capitalization of $11.02 billion, a P/E ratio of 33.56 and a beta of 0.74. The business’s 50 day simple moving average is $13.65 and its two-hundred day simple moving average is $12.47.
Toray Industries (OTCMKTS:TRYIY – Get Free Report) last posted its earnings results on Wednesday, February 12th. The company reported $0.16 earnings per share for the quarter. Toray Industries had a net margin of 1.97% and a return on equity of 2.62%. Analysts predict that Toray Industries, Inc. will post 0.73 earnings per share for the current year.
About Toray Industries
Toray Industries, Inc, together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; ultra-fine fibers; and apparel products.
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