Teijin (OTCMKTS:TINLY) Shares Gap Down – Should You Sell?

Teijin Ltd. (OTCMKTS:TINLY – Get Free Report)’s share price gapped down prior to trading on Tuesday. The stock had previously closed at $10.95, but opened at $10.2545. Teijin shares last traded at $10.80, with a volume of 556 shares trading hands.

Teijin Price Performance

The stock’s fifty day moving average price is $10.54 and its 200-day moving average price is $10.11. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of -7.06 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 – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $1.47 EPS for the quarter. Teijin had a negative net margin of 5.36% and a negative return on equity of 11.55%. The firm had revenue of $1.39 billion for the quarter.

About Teijin

(Get Free Report)

Teijin Limited is a Japan-based technology-driven company whose businesses span advanced materials, fibers and healthcare. Its materials operations develop and manufacture products such as carbon fiber and aramid fibers, resin and composite materials, films, and other high-performance materials used in aerospace, automotive, electronics, construction, and industrial applications.

Through its healthcare business, Teijin provides pharmaceutical products and medical devices, including treatments for respiratory conditions and home healthcare services.

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