TORAY INDUSTRIE/ADR (OTCMKTS:TRYIY) updated its FY 2018 earnings guidance on Friday. The company provided EPS guidance of $0.54 for the period. The company issued revenue guidance of $22.273-22.273 billion.
Separately, Zacks Investment Research lowered TORAY INDUSTRIE/ADR from a hold rating to a sell rating in a report on Friday, August 10th.
Shares of OTCMKTS TRYIY traded up $0.47 during midday trading on Friday, reaching $14.96. 78,736 shares of the company were exchanged, compared to its average volume of 107,587. The company has a quick ratio of 1.05, a current ratio of 1.70 and a debt-to-equity ratio of 0.49. TORAY INDUSTRIE/ADR has a 1 year low of $13.81 and a 1 year high of $20.84. The firm has a market cap of $11.69 billion, a P/E ratio of 13.85, a P/E/G ratio of 3.08 and a beta of 0.29.
TRADEMARK VIOLATION WARNING: “TORAY INDUSTRIE/ADR (TRYIY) Updates FY 2018 Earnings Guidance” was originally reported by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this piece of content on another publication, it was stolen and republished in violation of United States & international trademark & copyright legislation. The legal version of this piece of content can be read at https://sportsperspectives.com/2018/11/09/toray-industrie-adr-tryiy-updates-fy-2018-earnings-guidance.html.
TORAY INDUSTRIE/ADR Company Profile
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.
Featured Story: How much money do you need to begin day trading?
Receive News & Ratings for TORAY INDUSTRIE/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TORAY INDUSTRIE/ADR and related companies with MarketBeat.com's FREE daily email newsletter.