Teijin (OTCMKTS:TINLY) Stock Price Down 9.9% – Should You Sell?

Teijin Ltd. (OTCMKTS:TINLY)’s share price was down 9.9% during mid-day trading on Monday . The company traded as low as $10.30 and last traded at $10.30. Approximately 160 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 838 shares. The stock had previously closed at $11.43.

Teijin Trading Down 2.9%

The company’s 50 day simple moving average is $9.38 and its two-hundred day simple moving average is $8.86. The company has a quick ratio of 1.05, a current ratio of 1.72 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of -5.02 and a beta of 0.06.

Teijin (OTCMKTS:TINLY) last announced its earnings results on Wednesday, February 4th. The company reported ($0.14) earnings per share (EPS) for the quarter. The company had revenue of $1.36 billion during the quarter.

Teijin Company Profile

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.