Teijin (OTCMKTS:TINLY) Trading Down 9.9% – Should You Sell?

Teijin Ltd. (OTCMKTS:TINLY)’s share price traded down 9.9% during mid-day trading on Monday . The stock traded as low as $10.30 and last traded at $10.30. 160 shares were traded during trading, a decline of 81% from the average session volume of 838 shares. The stock had previously closed at $11.43.

Teijin Stock Performance

The firm has a market capitalization of $1.98 billion, a PE ratio of -5.02 and a beta of 0.06. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.72 and a quick ratio of 1.05. The stock has a 50-day moving average price of $9.27 and a 200-day moving average price of $8.83.

Teijin (OTCMKTS:TINLY) last issued its quarterly earnings results on Wednesday, February 4th. The company reported ($0.14) EPS for the quarter. The company had revenue of $1.36 billion during the quarter.

Teijin Company Profile

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.