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

Shares of Teijin Ltd. (OTCMKTS:TINLY) gapped up prior to trading on Friday . The stock had previously closed at $9.8050, but opened at $10.14. Teijin shares last traded at $10.14, with a volume of 239 shares changing hands.

Teijin Price Performance

The firm has a market cap of $1.95 billion, a P/E ratio of -4.95 and a beta of 0.06. The company has a fifty day moving average of $9.95 and a 200-day moving average of $9.07. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.72 and a quick ratio of 1.05.

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

About Teijin

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.