Toray Industries (OTCMKTS:TRYIY) Stock Crosses Below 200 Day Moving Average of $9.80

Toray Industries, Inc. (OTCMKTS:TRYIY)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $9.80 and traded as low as $9.00. Toray Industries shares last traded at $9.04, with a volume of 45,156 shares.

Toray Industries Stock Performance

The stock’s fifty day moving average price is $9.37 and its two-hundred day moving average price is $9.79.

Toray Industries (OTCMKTS:TRYIY) last announced its earnings results on Tuesday, February 13th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.03). The business had revenue of $4.27 billion for the quarter. Toray Industries had a net margin of 1.77% and a return on equity of 2.52%. As a group, research analysts predict that Toray Industries, Inc. will post 0.52 EPS for the current year.

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.