Teijin (OTCMKTS:TINLY) Shares Gap Down – Should You Sell?

Teijin Ltd. (OTCMKTS:TINLY) shares gapped down before the market opened on Wednesday . The stock had previously closed at $9.83, but opened at $9.35. Teijin shares last traded at $9.35, with a volume of 500 shares.

Teijin Stock Performance

The stock has a 50-day simple moving average of $10.31 and a 200 day simple moving average of $9.61. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.72 and a quick ratio of 1.05. The company has a market capitalization of $1.80 billion, a PE ratio of -3.09 and a beta of 0.10.

Teijin (OTCMKTS:TINLY) last posted its earnings results on Monday, May 11th. The company reported ($0.96) EPS for the quarter. The firm had revenue of $1.36 billion for the quarter. Teijin had a negative return on equity of 21.43% and a negative net margin of 10.05%.

Teijin Company Profile

Teijin Limited is a diversified Japanese conglomerate headquartered in Tokyo, with roots dating back to 1918 when it launched Japan’s first rayon manufacturing facility. Over the past century, the company has evolved into an integrated chemical, pharmaceutical and information technology group serving a wide range of global markets. Teijin operates through multiple business segments that include advanced fibers & composites, performance films, healthcare and IT solutions.

In its fibers & composites division, Teijin produces high-strength aramid fibers under brands such as Twaron and Technora, along with carbon fiber composite materials used in aerospace, automotive and industrial applications.