Toray Industries Inc. (OTCMKTS:TRYIY) Stock Short Interest Report for September

Toray Industries Inc. (OTCMKTS:TRYIY) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 5,045 shares, a growth of 65.4% from the September 15th total of 3,050 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 43,573 shares, the short-interest ratio is presently 0.1 days.

Toray Industries Price Performance

OTCMKTS:TRYIY opened at $15.60 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.19 and a current ratio of 1.87. The stock’s 50-day simple moving average is $16.06 and its 200 day simple moving average is $14.91. The company has a market cap of $11.73 billion, a P/E ratio of 19.15 and a beta of 0.50. Toray Industries has a 52-week low of $11.84 and a 52-week high of $17.51.

Toray Industries (OTCMKTS:TRYIY) last released its earnings results on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.07. Toray Industries had a return on equity of 4.84% and a net margin of 3.48%. The business had revenue of $4.31 billion for the quarter, compared to analyst estimates of $4.03 billion. As a group, sell-side analysts forecast that Toray Industries will post 0.79 EPS for the current fiscal year.

About Toray Industries

Toray Industries, Inc is a Japan-based chemical and advanced materials company founded in 1926. The company develops and manufactures materials and products used in industrial, consumer, automotive, aerospace, electronics, medical and environmental applications.

Its businesses include fibers and textiles, carbon fiber and other composite materials, films, resins, chemicals and electronic materials. Toray also provides water-treatment membranes and equipment, engineering services, and pharmaceutical products.