Teijin (OTCMKTS:TINLY) Shares Gap Up – Should You Buy?

Teijin Ltd. (OTCMKTS:TINLY)’s stock price gapped up before the market opened on Tuesday. The stock had previously closed at $10.55, but opened at $11.56. Teijin shares last traded at $11.56, with a volume of 136 shares traded.

Teijin Stock Performance

The stock has a 50 day moving average of $10.49 and a 200 day moving average of $10.08. 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 company has a market capitalization of $2.23 billion, a price-to-earnings ratio of -7.56 and a beta of 0.15.

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

About Teijin

Teijin Limited is a Japan-based technology-driven company whose businesses span advanced materials, fibers and healthcare. Its materials operations develop and manufacture products such as carbon fiber and aramid fibers, resin and composite materials, films, and other high-performance materials used in aerospace, automotive, electronics, construction, and industrial applications.

Through its healthcare business, Teijin provides pharmaceutical products and medical devices, including treatments for respiratory conditions and home healthcare services.