Toyota Motor (7203.T)

Toyota's price just hit its highest point relative to its recent trend all year.

What is going on right now?

Toyota's share price has climbed unusually fast lately, sitting about 4% above where it averaged over the past few weeks. Streaks like this have often taken a breather.

How is the business itself doing?

Sales grew roughly 10% and profits nearly doubled compared to the same period. The company keeps about 9 cents of every dollar it earns, though it spent more cash than it brought in recently.

What stands out?

Toyota owes a bit more than what it owns in total equity, and it burned through significant cash. That's notable for a company this size.

What comes next?

Toyota reports its next earnings on November 5, the first look at how the recent yen swings affected its export profits.