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

Teijin Ltd. (OTCMKTS:TINLY – Get Free Report) shares gapped up before the market opened on Tuesday. The stock had previously closed at $10.55, but opened at $11.56. Teijin shares last traded at $11.56, with a volume of 136 shares trading hands.

Teijin Stock Up 0.5%

The stock has a market cap of $1.97 billion, a price-to-earnings ratio of -6.68 and a beta of 0.15. The business has a fifty day moving average of $10.54 and a 200 day moving average of $10.10. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.85 and a quick ratio of 1.14.

Teijin (OTCMKTS:TINLY – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $1.47 earnings per share for the quarter. The firm had revenue of $1.39 billion during the quarter. Teijin had a negative return on equity of 11.55% and a negative net margin of 5.36%.

About Teijin

(Get Free Report)

Teijin Limited is a Japan-based technology-driven company whose businesses span advanced materials, fibers and healthcare. Its materials operations develop and manufacture products such as carbon fiber and aramid fibers, resin and composite materials, films, and other high-performance materials used in aerospace, automotive, electronics, construction, and industrial applications.

Through its healthcare business, Teijin provides pharmaceutical products and medical devices, including treatments for respiratory conditions and home healthcare services.

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