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

Teijin Ltd. (OTCMKTS:TINLY)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $10.6050, but opened at $9.90. Teijin shares last traded at $9.90, with a volume of 551 shares changing hands.

Teijin Stock Performance

The stock has a market cap of $1.91 billion, a price-to-earnings ratio of -4.83 and a beta of 0.06. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.05 and a current ratio of 1.72. The stock’s 50-day simple moving average is $9.77 and its two-hundred day simple moving average is $9.00.

Teijin (OTCMKTS:TINLY) last issued its quarterly earnings results on Wednesday, February 4th. The company reported ($0.14) earnings per share (EPS) for the quarter. The firm had revenue of $1.36 billion during the quarter.

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.