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

Teijin Ltd. (OTCMKTS:TINLY)’s share price gapped up before the market opened on Monday. The stock had previously closed at $9.65, but opened at $10.2235. Teijin shares last traded at $10.2235, with a volume of 191 shares.

Teijin Trading Up 5.9%

The company has a market cap of $1.97 billion, a price-to-earnings ratio of -6.68 and a beta of 0.18. The company’s fifty day moving average price is $10.47 and its two-hundred day moving average price is $10.07. The company has a quick ratio of 1.14, a current ratio of 1.85 and a debt-to-equity ratio of 0.38.

Teijin (OTCMKTS:TINLY) last posted its earnings results on Tuesday, August 4th. The company reported $1.47 earnings per share (EPS) for the quarter. The company 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.