Toray Industries (OTCMKTS:TRYIY) Reaches New 52-Week High on Analyst Upgrade

Toray Industries Inc. (OTCMKTS:TRYIY)’s stock price hit a new 52-week high during trading on Tuesday after Smbc Nikko Sec. upgraded the stock to a strong-buy rating. The company traded as high as $16.55 and last traded at $16.53, with a volume of 779 shares changing hands. The stock had previously closed at $15.75.

Toray Industries Stock Performance

The stock has a market cap of $12.66 billion, a price-to-earnings ratio of 43.15 and a beta of 0.43. The company has a current ratio of 1.83, a quick ratio of 1.15 and a debt-to-equity ratio of 0.28. The stock’s 50-day moving average is $14.32 and its 200-day moving average is $13.40.

Toray Industries (OTCMKTS:TRYIY) last released 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 during the quarter, compared to analyst estimates of $4.20 billion. Toray Industries had a return on equity of 2.38% and a net margin of 1.71%.Toray Industries has set its FY 2025 guidance at 0.707-0.707 EPS. On average, analysts expect that Toray Industries Inc. will post 0.73 EPS for the current year.

Toray Industries Company Profile

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.