Toyo Tire (OTCMKTS:TOTTF) Trading 10.2% Higher – Still a Buy?

Shares of Toyo Tire Co. (OTCMKTS:TOTTFGet Free Report) were up 10.2% on Monday . The stock traded as high as $17.30 and last traded at $17.30. Approximately 520 shares were traded during trading, a decline of 13% from the average daily volume of 600 shares. The stock had previously closed at $15.70.

Toyo Tire Stock Performance

The business has a 50-day moving average price of $16.12 and a 200-day moving average price of $15.60.

About Toyo Tire

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Toyo Tire Corporation manufactures and sells tires in Japan, North America, and internationally. It operates in two segments, Tires and Automotive Parts. The company provides tires for passenger vehicles, lights trucks, cars, SUVs, and buses under the Toyo Tires and Nitto. It also offers automotive parts, including engine/motor, member/differential, strut, and exhaust mounts; bush/couplings and constant velocity universal joint boot; and anti-vibration rubber for cars.

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