Toray Industries (OTCMKTS:TRYIY) Sees Large Volume Increase – Still a Buy?

Shares of Toray Industries Inc. (OTCMKTS:TRYIY) saw an uptick in trading volume on Tuesday . 50,445 shares traded hands during trading, an increase of 68% from the previous session’s volume of 30,040 shares.The stock last traded at $14.7150 and had previously closed at $14.89.

Analyst Ratings Changes

Separately, Smbc Nikko Sec. raised Toray Industries to a “strong-buy” rating in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy”.

Toray Industries Stock Performance

The business has a 50 day moving average of $14.24 and a 200 day moving average of $14.32. The company has a market capitalization of $11.06 billion, a P/E ratio of 21.00 and a beta of 0.49. The company has a quick ratio of 1.15, a current ratio of 1.78 and a debt-to-equity ratio of 0.27.

Toray Industries (OTCMKTS:TRYIY) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.09. The business had revenue of $4.22 billion during the quarter, compared to analyst estimates of $4.28 billion. Toray Industries had a return on equity of 4.22% and a net margin of 3.06%.Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. On average, sell-side analysts predict that Toray Industries Inc. will post 0.79 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.