Teijin (OTCMKTS:TINLY) Shares Gap Down – Should You Sell?

Shares of Teijin Ltd. (OTCMKTS:TINLY – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $10.95, but opened at $10.2545. Teijin shares last traded at $10.80, with a volume of 556 shares changing hands.

Teijin Stock Performance

The firm has a fifty day moving average of $10.54 and a 200 day moving average of $10.11. The stock has a market cap of $2.08 billion, a price-to-earnings ratio of -7.06 and a beta of 0.15. 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 issued its 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 company had revenue of $1.39 billion during the quarter.

Teijin Company Profile

(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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