Teijin (OTCMKTS:TINLY) Sets New 1-Year High – What’s Next?

Shares of Teijin Ltd. (OTCMKTS:TINLY) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $11.43 and last traded at $11.43, with a volume of 2595 shares trading hands. The stock had previously closed at $10.30.

Teijin Stock Performance

The stock has a fifty day moving average price of $9.10 and a two-hundred day moving average price of $8.77. The company has a market capitalization of $2.20 billion, a price-to-earnings ratio of -6.46 and a beta of 0.07. The company has a quick ratio of 1.02, a current ratio of 1.70 and a debt-to-equity ratio of 0.49.

Teijin (OTCMKTS:TINLY) last released its quarterly earnings results on Wednesday, February 4th. The company reported ($0.14) earnings per share (EPS) for the quarter. The business had revenue of $1.36 billion for the quarter.

Teijin Company Profile

Teijin Limited is a diversified Japanese conglomerate headquartered in Tokyo, with roots dating back to 1918 when it launched Japan’s first rayon manufacturing facility. Over the past century, the company has evolved into an integrated chemical, pharmaceutical and information technology group serving a wide range of global markets. Teijin operates through multiple business segments that include advanced fibers & composites, performance films, healthcare and IT solutions.

In its fibers & composites division, Teijin produces high-strength aramid fibers under brands such as Twaron and Technora, along with carbon fiber composite materials used in aerospace, automotive and industrial applications.