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Teijin (OTCMKTS:TINLY) Share Price Crosses Above 50 Day Moving Average - Here's Why

Teijin logo with Consumer Discretionary background

Key Points

  • Teijin Ltd. shares surpassed their 50-day moving average, reaching a high of $9.14 during trading, with the last trade at $8.78.
  • The company's recent earnings report indicated an EPS of ($0.03) with revenues of $1.68 billion for the quarter.
  • Teijin's current ratio is 1.63 and its debt-to-equity ratio stands at 0.54, indicating a stable financial position.
  • Five stocks to consider instead of Teijin.

Teijin Ltd. (OTCMKTS:TINLY - Get Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $8.63 and traded as high as $9.14. Teijin shares last traded at $8.78, with a volume of 6,914 shares.

Teijin Stock Performance

The company has a current ratio of 1.63, a quick ratio of 1.08 and a debt-to-equity ratio of 0.54. The business's 50-day moving average price is $8.63 and its 200-day moving average price is $8.26.

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

About Teijin

(Get Free Report)

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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