Teijin (OTCMKTS:TINLY) Shares Up 5.1% – Should You Buy?

Teijin Ltd. (OTCMKTS:TINLYGet Free Report)’s stock price rose 5.1% on Tuesday . The company traded as high as $8.7850 and last traded at $8.7850. Approximately 600 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 1,781 shares. The stock had previously closed at $8.36.

Teijin Stock Performance

The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.02 and a current ratio of 1.70. The business’s 50-day moving average is $8.53 and its 200-day moving average is $8.41. The company has a market capitalization of $1.69 billion, a PE ratio of -4.96 and a beta of 0.05.

About Teijin

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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.

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