Teijin (OTCMKTS:TINLY) Shares Up 6.6% – Here’s Why

Teijin Ltd. (OTCMKTS:TINLY)’s share price rose 6.6% during trading on Monday. The company traded as high as $11.25 and last traded at $11.25. 1,058 shares changed hands during trading, an increase of 57% from the average session volume of 675 shares. The stock had previously closed at $10.55.

Teijin Trading Up 6.6%

The company has a current ratio of 1.85, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $2.17 billion, a P/E ratio of -7.35 and a beta of 0.15. The business has a 50-day moving average price of $10.45 and a two-hundred day moving average price of $10.07.

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

Teijin Company Profile

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.