Teijin (OTCMKTS:TINLY) Shares Gap Down - Here's Why

Key Points

• Teijin Ltd. shares opened at $8.34, down from a previous close of $8.65, indicating a gap down at market opening.
• The company's latest quarterly earnings reported a loss of ($0.03) earnings per share (EPS) with a revenue of $1.68 billion.
• Teijin has a market capitalization of $1.61 billion and notable financial ratios, including a PE ratio of 29.83 and a debt-to-equity ratio of 0.54.

Teijin Ltd. (OTCMKTS:TINLY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $8.65, but opened at $8.34. Teijin shares last traded at $8.34, with a volume of 389 shares traded.

Teijin Stock Performance

The company has a market capitalization of $1.61 billion, a PE ratio of 29.83 and a beta of 0.17. The company has a 50 day moving average price of $8.42 and a 200 day moving average price of $8.23. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.08 and a current ratio of 1.63.

Teijin (OTCMKTS:TINLY - Get Free Report) last announced its quarterly 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.

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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