Teijin (OTCMKTS:TINLY) Shares Pass Above 50-Day Moving Average – Time to Sell?

Shares of Teijin Ltd. (OTCMKTS:TINLYGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $8.55 and traded as high as $8.9650. Teijin shares last traded at $8.9650, with a volume of 109 shares traded.

Teijin Trading Down 1.7%

The company has a quick ratio of 1.02, a current ratio of 1.70 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $1.73 billion, a P/E ratio of -5.06 and a beta of 0.05. The firm’s 50-day simple moving average is $8.55 and its 200-day simple moving average is $8.56.

Teijin Company Profile

(Get Free Report)

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.

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