Posted by admin on Jul 21st, 2022
Toray Industries, Inc. (OTCMKTS:TRYIY – Get Rating)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.81 and traded as low as $10.56. Toray Industries shares last traded at $10.74, with a volume of 160,262 shares traded.
A number of equities analysts have commented on TRYIY shares. Nomura raised shares of Toray Industries from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 25th. The Goldman Sachs Group raised Toray Industries from a “neutral” rating to a “buy” rating in a research note on Thursday, June 16th.
The business’s fifty day moving average is $10.56 and its two-hundred day moving average is $10.81. The company has a quick ratio of 1.22, a current ratio of 1.85 and a debt-to-equity ratio of 0.43.
Toray Industries, Inc, together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; ultra-microfiber non-woven fabric with suede-texture; and apparel products.
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