TORAY INDUSTRIE/ADR (OTCMKTS:TRYIY) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $14.31 and traded as low as $13.08. TORAY INDUSTRIE/ADR shares last traded at $13.24, with a volume of 166,318 shares.
Separately, Zacks Investment Research lowered shares of TORAY INDUSTRIE/ADR from a “hold” rating to a “strong sell” rating in a report on Saturday, September 7th.
The stock has a market capitalization of $10.80 billion, a PE ratio of 14.88, a price-to-earnings-growth ratio of 3.22 and a beta of 0.31. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.71 and a quick ratio of 1.11. The business’s fifty day moving average price is $14.31 and its two-hundred day moving average price is $14.37.
Toray Industries, Inc manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products. 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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