Teijin (OTCMKTS:TINLY) Shares Up 11.2% – Time to Buy?

Teijin Ltd. (OTCMKTS:TINLY) shares were up 11.2% during mid-day trading on Thursday. The stock traded as high as $10.85 and last traded at $10.85. Approximately 841 shares traded hands during mid-day trading, an increase of 25% from the average session volume of 673 shares. The stock had previously closed at $9.76.

Teijin Stock Performance

The firm has a market capitalization of $2.01 billion, a P/E ratio of -6.82 and a beta of 0.15. The company has a current ratio of 1.85, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. The business’s 50 day simple moving average is $10.52 and its two-hundred day simple moving average is $10.11.

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

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.