Toray Industries (OTCMKTS:TRYIY) Stock Price Crosses Above 50 Day Moving Average of $10.20

Toray Industries, Inc. (OTCMKTS:TRYIY)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $10.20 and traded as high as $10.98. Toray Industries shares last traded at $10.98, with a volume of 8,458 shares traded.

Toray Industries Stock Performance

The company has a market cap of $8.96 billion, a PE ratio of 54.90 and a beta of 0.70. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.14 and a current ratio of 1.76. The stock’s 50-day simple moving average is $10.20 and its 200 day simple moving average is $9.78.

Toray Industries (OTCMKTS:TRYIY) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.21 earnings per share (EPS) for the quarter. The business had revenue of $4.09 billion during the quarter. Toray Industries had a net margin of 1.35% and a return on equity of 1.80%.

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.