Toray Industries (OTCMKTS:TRYIY) Issues FY 2024 Earnings Guidance

Toray Industries (OTCMKTS:TRYIY) updated its FY 2024 earnings guidance on Wednesday. The company provided EPS guidance of 0.360-0.360 for the period. The company issued revenue guidance of $17.0 billion-$17.0 billion.

Toray Industries Stock Up 1.4 %

TRYIY stock opened at $14.02 on Wednesday. Toray Industries has a twelve month low of $8.74 and a twelve month high of $14.76. The stock has a market cap of $11.23 billion, a P/E ratio of 36.53 and a beta of 0.77. The business’s 50-day moving average price is $13.08 and its 200-day moving average price is $11.68.

About Toray Industries

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.