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

Teijin Ltd. (OTCMKTS:TINLY) shares gapped down prior to trading on Tuesday. The stock had previously closed at $11.31, but opened at $10.3950. Teijin shares last traded at $10.3950, with a volume of 258 shares trading hands.

Teijin Stock Up 2.2%

The company’s fifty day simple moving average is $10.53 and its 200-day simple moving average is $10.04. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.85 and a quick ratio of 1.14. The firm has a market capitalization of $2.01 billion, a PE ratio of -6.79 and a beta of 0.15.

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

About Teijin

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.