Teijin (OTCMKTS:TINLY) Shares Gap Up – Here’s What Happened

Teijin Ltd. (OTCMKTS:TINLYGet Free Report)’s share price gapped up before the market opened on Friday . The stock had previously closed at $9.8050, but opened at $10.14. Teijin shares last traded at $10.14, with a volume of 239 shares trading hands.

Teijin Stock Up 4.0%

The stock’s fifty day moving average is $9.95 and its two-hundred day moving average is $9.07. The company has a current ratio of 1.72, a quick ratio of 1.05 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $1.95 billion, a PE ratio of -4.95 and a beta of 0.06.

Teijin (OTCMKTS:TINLYGet Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The company reported ($0.14) earnings per share (EPS) for the quarter. The company had revenue of $1.36 billion for the quarter.

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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