Toyota Tsusho (OTCMKTS:TYHOF) Trading 16.5% Higher – Here’s Why

Toyota Tsusho Co. (OTCMKTS:TYHOFGet Free Report) rose 16.5% during mid-day trading on Friday . The stock traded as high as $35.08 and last traded at $35.08. Approximately 100 shares were traded during trading, a decline of 81% from the average daily volume of 522 shares. The stock had previously closed at $30.10.

Toyota Tsusho Trading Up 16.5%

The business has a fifty day simple moving average of $30.13 and a 200 day simple moving average of $26.25.

About Toyota Tsusho

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Toyota Tsusho Corporation, a member of the Toyota Group, is a global trading and investment specialist headquartered in Nagoya, Japan. As one of Japan’s leading sōgō shōsha (general trading companies), it engages in a wide range of activities spanning automotive distribution, metals and mineral resources, machinery, energy, chemicals, and food and consumer products. The company leverages deep industry expertise and supply‐chain management capabilities to coordinate international trade and logistics solutions for clients worldwide.

Through its automotive division, Toyota Tsusho supports vehicle manufacturers with components sourcing, parts procurement and aftermarket operations.

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