Teijin (OTCMKTS:TINLY) Stock Falls 7.2% – What’s Next?

Teijin Ltd. (OTCMKTS:TINLY)’s share price fell 7.2% during mid-day trading on Thursday. The company traded as low as $9.65 and last traded at $9.65. 115 shares changed hands during trading, a decline of 84% from the average daily volume of 700 shares. The stock had previously closed at $10.3950.

Teijin Stock Performance

The firm’s 50-day moving average price is $10.51 and its 200 day moving average price is $10.06. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.85. The company has a market cap of $1.86 billion, a price-to-earnings ratio of -6.31 and a beta of 0.15.

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

About Teijin

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.