Toray Industries (OTCMKTS:TRYIY) Stock Passes Below 200-Day Moving Average of $9.74

Shares of Toray Industries, Inc. (OTCMKTS:TRYIY) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $9.74 and traded as low as $9.12. Toray Industries shares last traded at $9.12, with a volume of 20,446 shares.

Toray Industries Stock Performance

The stock’s 50 day moving average is $9.38 and its 200 day moving average is $9.74.

Toray Industries (OTCMKTS:TRYIY) last posted its quarterly 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). Toray Industries had a return on equity of 2.52% and a net margin of 1.77%. The company had revenue of $4.27 billion during the quarter. As a group, research analysts predict that Toray Industries, Inc. will post 0.52 earnings per share 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.