Teijin (OTCMKTS:TINLY) Shares Gap Up – Should You Buy?

Teijin Ltd. (OTCMKTS:TINLYGet Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $7.95, but opened at $8.52. Teijin shares last traded at $8.52, with a volume of 130 shares traded.

Teijin Price Performance

The company has a market capitalization of $1.64 billion, a P/E ratio of -4.81 and a beta of 0.18. The company has a quick ratio of 1.08, a current ratio of 1.63 and a debt-to-equity ratio of 0.54. The business has a 50 day simple moving average of $8.64 and a 200-day simple moving average of $8.31.

Teijin Company Profile

(Get Free Report)

Teijin Limited engages in the fibers, films and sheets, composites, healthcare, and IT businesses worldwide. It offers aramid fibers and polyethylene materials; carbon fibers, composite materials, and oxidized PAN fibers; polycarbonate sheets and films; high-density polyethylene porous films and materials; and microporous films.

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