Teijin (OTCMKTS:TINLY) Sees Strong Trading Volume - Here's Why

Key Points

• Teijin Ltd. experienced a significant increase in trading volume, with 5,914 shares traded, representing a 254% rise from the previous session.
• The company's last share price was $8.96, down by 1.7%, with a 50-day moving average of $8.63 and a 200-day moving average of $8.25.
• In its most recent quarterly earnings, Teijin reported a loss of ($0.03) earnings per share and generated revenue of $1.68 billion.

Shares of Teijin Ltd. (OTCMKTS:TINLY - Get Free Report) saw an uptick in trading volume on Wednesday . 5,914 shares were traded during mid-day trading, an increase of 254% from the previous session's volume of 1,670 shares.The stock last traded at $8.96 and had previously closed at $8.93.

Teijin Trading Down 1.7%

The firm's 50-day moving average is $8.63 and its two-hundred day moving average is $8.25. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.63 and a quick ratio of 1.08.

Teijin (OTCMKTS:TINLY - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported ($0.03) earnings per share for the quarter. The company had revenue of $1.68 billion for the quarter.

Teijin Company Profile

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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