Teijin (OTCMKTS:TINLY) Stock Jumps 6.6% – Here’s Why

Teijin Ltd. (OTCMKTS:TINLY) was up 6.6% during trading on Monday. The company traded as high as $11.25 and last traded at $11.25. Approximately 1,058 shares traded hands during mid-day trading, an increase of 57% from the average daily volume of 675 shares. The stock had previously closed at $10.55.

Teijin Trading Down 12.0%

The business’s 50-day moving average is $10.53 and its 200 day moving average is $10.10. The firm has a market capitalization of $1.96 billion, a P/E ratio of -6.65 and a beta of 0.15. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.85 and a quick ratio of 1.14.

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

About Teijin

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.