Teijin (OTCMKTS:TINLY) Stock Falls 9.7% – What’s Next?

Shares of Teijin Ltd. (OTCMKTS:TINLY) fell 9.7% during mid-day trading on Wednesday. The stock traded as low as $9.75 and last traded at $9.75. Approximately 944 shares were traded during mid-day trading, an increase of 46% from the average daily volume of 646 shares. The stock had previously closed at $10.80.

Teijin Price Performance

The stock has a market cap of $1.88 billion, a price-to-earnings ratio of -6.37 and a beta of 0.15. The company has a 50-day simple moving average of $10.54 and a two-hundred day simple moving average of $10.11. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.85.

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

Teijin Company Profile

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.