Toray Industries (OTCMKTS:TRYIY) Shares Gap Down – Should You Sell?

Toray Industries Inc. (OTCMKTS:TRYIY) shares 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.

Wall Street Analyst Weigh In

Separately, Smbc Nikko Sec. upgraded Toray Industries to a “strong-buy” rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Toray Industries Price Performance

The stock has a market capitalization of $12.37 billion, a PE ratio of 42.15 and a beta of 0.43. The business’s 50-day moving average price is $14.40 and its 200 day moving average price is $13.42. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.15 and a current ratio of 1.83.

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