Toray Industries (OTCMKTS:TRYIY) Stock Price Passes Below Two Hundred Day Moving Average of $9.80

Toray Industries, Inc. (OTCMKTS:TRYIY) shares 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 traded.

Toray Industries Stock Down 1.8 %

The firm’s 50 day simple moving average is $9.37 and its 200 day simple moving average is $9.80.

Toray Industries (OTCMKTS:TRYIY) last announced its quarterly earnings results on Tuesday, February 13th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.03). Toray Industries had a net margin of 1.77% and a return on equity of 2.52%. The firm had revenue of $4.27 billion during the quarter. Equities research analysts forecast that Toray Industries, Inc. will post 0.52 EPS for the current fiscal 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.