Teijin (OTCMKTS:TINLY) Shares Gap Down – Time to Sell?

by · The Markets Daily

Teijin Ltd. (OTCMKTS:TINLY – Get Free Report)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $8.44, but opened at $8.0284. Teijin shares last traded at $8.36, with a volume of 300 shares.

Teijin Price Performance

The company has a current ratio of 1.70, a quick ratio of 1.02 and a debt-to-equity ratio of 0.49. The business’s 50-day simple moving average is $8.53 and its two-hundred day simple moving average is $8.40. The firm has a market cap of $1.61 billion, a price-to-earnings ratio of -4.72 and a beta of 0.05.

Teijin Company Profile

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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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