Teijin (OTCMKTS:TINLY) Shares Gap Up – What’s Next?

Teijin Ltd. (OTCMKTS:TINLY) gapped up before the market opened on Friday. The stock had previously closed at $9.76, but opened at $10.2250. Teijin shares last traded at $10.2250, with a volume of 265 shares.

Teijin Trading Down 2.0%

The company has a quick ratio of 1.14, a current ratio of 1.85 and a debt-to-equity ratio of 0.38. The business’s fifty day simple moving average is $10.52 and its two-hundred day simple moving average is $10.12. The company has a market cap of $1.97 billion, a price-to-earnings ratio of -6.68 and a beta of 0.15.

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