Teijin (OTCMKTS:TINLY) Sets New 52-Week High – Here’s What Happened

Shares of Teijin Ltd. (OTCMKTS:TINLYGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $9.52 and last traded at $9.52, with a volume of 2438 shares trading hands. The stock had previously closed at $8.9650.

Teijin Stock Performance

The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.02 and a current ratio of 1.70. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of -5.38 and a beta of 0.05. The firm has a 50-day simple moving average of $8.58 and a two-hundred day simple moving average of $8.57.

About Teijin

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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.

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