Toray Industries (OTCMKTS:TRYIY) Share Price Passes Above 50 Day Moving Average – Here’s Why

Toray Industries, Inc. (OTCMKTS:TRYIYGet Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $12.41 and traded as high as $12.81. Toray Industries shares last traded at $12.79, with a volume of 32,911 shares.

Toray Industries Stock Up 0.4 %

The company has a current ratio of 1.76, a quick ratio of 1.14 and a debt-to-equity ratio of 0.30. The firm has a market cap of $10.43 billion, a price-to-earnings ratio of 32.80 and a beta of 0.76. The firm has a 50-day moving average of $12.41 and a two-hundred day moving average of $11.10.

About Toray Industries

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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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