Toray Industries (OTCMKTS:TRYIY) Issues Earnings Results

Toray Industries (OTCMKTS:TRYIY) posted its quarterly earnings data on Wednesday. The company reported $0.16 EPS for the quarter, Zacks reports. Toray Industries had a return on equity of 2.50% and a net margin of 1.87%. Toray Industries updated its FY 2024 guidance to 0.360-0.360 EPS.

Toray Industries Stock Performance

TRYIY traded down $1.72 during trading on Thursday, reaching $12.30. 44,020 shares of the company traded hands, compared to its average volume of 20,880. Toray Industries has a 12-month low of $8.74 and a 12-month high of $14.76. The firm has a fifty day simple moving average of $13.08 and a 200 day simple moving average of $11.71. The company has a market cap of $9.85 billion, a P/E ratio of 31.54 and a beta of 0.77.

Toray Industries Company Profile

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-fine fibers; and apparel products.