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

Teijin Ltd. (OTCMKTS:TINLY) shares gapped up before the market opened on Monday. The stock had previously closed at $9.65, but opened at $10.2235. Teijin shares last traded at $10.2235, with a volume of 191 shares traded.

Teijin Price Performance

The stock has a fifty day moving average of $10.45 and a 200-day moving average of $10.09. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of -6.68 and a beta of 0.18. The company has a current ratio of 1.85, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38.

Teijin (OTCMKTS:TINLY) last announced its earnings results on Tuesday, August 4th. The company reported $1.47 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 during 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.