Teijin (OTCMKTS:TINLY) Trading Down 9.9% – Should You Sell?

Shares of Teijin Ltd. (OTCMKTS:TINLY) traded down 9.9% during mid-day trading on Monday . The stock traded as low as $10.30 and last traded at $10.30. 160 shares changed hands during trading, a decline of 81% from the average session volume of 838 shares. The stock had previously closed at $11.43.

Teijin Price Performance

The company has a 50 day moving average of $9.27 and a 200 day moving average of $8.83. The company has a quick ratio of 1.05, a current ratio of 1.72 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of -5.02 and a beta of 0.06.

Teijin (OTCMKTS:TINLY) last posted its quarterly earnings data on Wednesday, February 4th. The company reported ($0.14) EPS for the quarter. The firm 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.