Teijin (OTCMKTS:TINLY) Stock Price Down 7.2% – What’s Next?

Teijin Ltd. (OTCMKTS:TINLY)’s share price traded down 7.2% during mid-day trading on Thursday. The company traded as low as $9.65 and last traded at $9.65. Approximately 115 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 700 shares. The stock had previously closed at $10.3950.

Teijin Trading Down 7.2%

The company’s 50-day moving average is $10.51 and its 200-day moving average is $10.06. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of -6.31 and a beta of 0.15. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.85.

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

Teijin Company Profile

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.