Toray Industries (OTCMKTS:TRYIY) Cut to “Neutral” at Nomura

Toray Industries (OTCMKTS:TRYIY – Get Free Report) was downgraded by investment analysts at Nomura from a “buy” rating to a “neutral” rating in a research note issued to investors on Wednesday, FlyOnTheWall reports.

Toray Industries Stock Performance

OTCMKTS TRYIY opened at $11.29 on Wednesday. The company has a 50-day simple moving average of $11.05 and a two-hundred day simple moving average of $11.25. Toray Industries has a 12-month low of $9.25 and a 12-month high of $12.65.

Get Toray Industries alerts:

About Toray Industries

(Get Free Report)

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.

Featured Stories

• Five stocks we like better than Toray Industries
• What is the S&P/TSX Index?
• AI is Turning Things Up for Upwork
• With Risk Tolerance, One Size Does Not Fit All
• 2 Tech Stocks to Buy and One to Avoid in August
• Why Are Stock Sectors Important to Successful Investing?
• 5 Best Fintech Stocks to Buy Now

Receive News & Ratings for Toray Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toray Industries and related companies with MarketBeat.com's FREE daily email newsletter.