Teijin (OTCMKTS:TINLY) Shares Gap Down – What’s Next?

Teijin Ltd. (OTCMKTS:TINLYGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $8.61, but opened at $8.0050. Teijin shares last traded at $7.9950, with a volume of 2,455 shares trading hands.

Teijin Stock Down 7.1%

The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.08 and a current ratio of 1.63. The stock has a fifty day moving average price of $8.69 and a 200-day moving average price of $8.32. The firm has a market cap of $1.54 billion, a PE ratio of -4.52 and a beta of 0.18.

Teijin Company Profile

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Teijin Limited engages in the fibers, films and sheets, composites, healthcare, and IT businesses worldwide. It offers aramid fibers and polyethylene materials; carbon fibers, composite materials, and oxidized PAN fibers; polycarbonate sheets and films; high-density polyethylene porous films and materials; and microporous films.

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