Teijin (OTCMKTS:TINLY) Reaches New 52-Week High – Should You Buy?

Teijin Ltd. (OTCMKTS:TINLY)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $10.30 and last traded at $10.30, with a volume of 230 shares traded. The stock had previously closed at $9.7225.

Teijin Stock Performance

The company has a current ratio of 1.70, a quick ratio of 1.02 and a debt-to-equity ratio of 0.49. The firm has a 50-day simple moving average of $8.82 and a two-hundred day simple moving average of $8.67. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of -5.82 and a beta of 0.07.

Teijin (OTCMKTS:TINLY) last announced 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.