Teijin (OTCMKTS:TINLY) Shares Down 9.7% – Should You Sell?

Teijin Ltd. (OTCMKTS:TINLY) was down 9.7% during trading on Wednesday. The stock traded as low as $9.75 and last traded at $9.75. 944 shares traded hands during trading, an increase of 46% from the average session volume of 646 shares. The stock had previously closed at $10.80.

Teijin Stock Performance

The company has a quick ratio of 1.14, a current ratio of 1.85 and a debt-to-equity ratio of 0.38. The stock’s fifty day moving average is $10.52 and its two-hundred day moving average is $10.12. The firm has a market capitalization of $2.01 billion, a price-to-earnings ratio of -6.82 and a beta of 0.15.

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

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.