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

Teijin Ltd. (OTCMKTS:TINLY)’s share price gapped down prior to trading on Tuesday. The stock had previously closed at $10.95, but opened at $10.2545. Teijin shares last traded at $10.80, with a volume of 556 shares changing hands.

Teijin Trading Down 9.6%

The business has a 50 day moving average of $10.52 and a 200-day moving average of $10.11. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.85.

Teijin (OTCMKTS:TINLY) last announced its earnings results on Tuesday, August 4th. The company reported $1.47 EPS 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.

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.