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

by · The Markets Daily

Shares of Teijin Ltd. (OTCMKTS:TINLY – Get Free Report) gapped up before the market opened on Friday. The stock had previously closed at $9.76, but opened at $10.2250. Teijin shares last traded at $10.2250, with a volume of 265 shares traded.

Teijin Stock Down 2.0%

The company has a market cap of $1.97 billion, a price-to-earnings ratio of -6.68 and a beta of 0.15. The business has a fifty day moving average of $10.52 and a two-hundred day moving average of $10.12. The company has a current ratio of 1.85, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38.

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

Teijin Company Profile

(Get Free Report)

Teijin Limited is a Japan-based technology company with businesses spanning advanced materials and healthcare. The company develops and manufactures high-performance fibers, films, resins, composites and other materials used in transportation, electronics, industrial equipment, construction and consumer products.

Its materials portfolio includes aramid fibers, carbon fibers, polyester fibers, polycarbonate resins and related products. Teijin also provides composite materials and processing technologies designed to support lighter, stronger and more environmentally efficient products, including components for automobiles and aircraft.

In healthcare, Teijin provides pharmaceutical products and home healthcare services, including respiratory care equipment and related support.

See Also