Teijin (OTCMKTS:TINLY) Shares Gap Up – What’s Next?

Shares of Teijin Ltd. (OTCMKTS:TINLY) gapped up before the market opened on Wednesday . The stock had previously closed at $9.6983, but opened at $10.45. Teijin shares last traded at $10.45, with a volume of 1,232 shares trading hands.

Teijin Stock Performance

The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.06 and a current ratio of 1.75. The stock has a market capitalization of $2.02 billion, a price-to-earnings ratio of -6.83 and a beta of 0.12. The firm’s 50 day moving average is $9.72 and its 200-day moving average is $10.02.

Teijin (OTCMKTS:TINLY) last posted its earnings results 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 11.68%.

About Teijin

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.