Teijin (OTCMKTS:TINLY) Stock Price Down 9.7% – What’s Next?

Teijin Ltd. (OTCMKTS:TINLY)’s stock price was down 9.7% during mid-day trading on Wednesday. The company traded as low as $9.75 and last traded at $9.75. 944 shares traded hands during mid-day trading, an increase of 46% from the average daily volume of 646 shares. The stock had previously closed at $10.80.

Teijin Trading Down 9.7%

The firm has a fifty day moving average of $10.54 and a two-hundred day moving average of $10.11. The company has a market cap of $1.88 billion, a PE ratio of -6.37 and a beta of 0.15. 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 quarterly earnings results on Tuesday, August 4th. The company reported $1.47 earnings per share for the quarter. The company 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

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.