Teijin (OTCMKTS:TINLY) Shares Gap Down – What’s Next?

Teijin Ltd. (OTCMKTS:TINLY – Get Free Report)’s stock price gapped down before the market opened on Wednesday. The stock had previously closed at $11.25, but opened at $10.17. Teijin shares last traded at $10.17, with a volume of 247 shares.

Teijin Trading Down 9.6%

The company has a quick ratio of 1.14, a current ratio of 1.85 and a debt-to-equity ratio of 0.38. The firm’s 50-day simple moving average is $10.53 and its 200 day simple moving average is $10.10. The stock has a market capitalization of $1.96 billion, a P/E ratio of -6.65 and a beta of 0.15.

Teijin (OTCMKTS:TINLY – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $1.47 earnings per share for the quarter. Teijin had a negative net margin of 5.36% and a negative return on equity of 11.55%. The company had revenue of $1.39 billion during the quarter.

About Teijin

(Get Free Report)

Teijin Limited is a Japan-based technology-driven company whose businesses span advanced materials, fibers and healthcare. Its materials operations develop and manufacture products such as carbon fiber and aramid fibers, resin and composite materials, films, and other high-performance materials used in aerospace, automotive, electronics, construction, and industrial applications.

Through its healthcare business, Teijin provides pharmaceutical products and medical devices, including treatments for respiratory conditions and home healthcare services.

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