Teijin (OTCMKTS:TINLY) Shares Pass Below Fifty Day Moving Average - What's Next?

Key Points

• Teijin Ltd. shares have fallen below their fifty-day moving average of $8.58, currently trading at $8.46.
• The company reported a quarterly loss of ($0.03) earnings per share with revenues of $1.68 billion.
• Teijin has a market capitalization of $1.63 billion and a low beta of 0.19, indicating less volatility compared to the market.

Shares of Teijin Ltd. (OTCMKTS:TINLY - Get Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $8.58 and traded as low as $8.46. Teijin shares last traded at $8.46, with a volume of 800 shares.

Teijin Price Performance

The stock has a fifty day moving average of $8.58 and a two-hundred day moving average of $8.26. The stock has a market cap of $1.63 billion, a price-to-earnings ratio of 30.57 and a beta of 0.19. The company has a quick ratio of 1.08, a current ratio of 1.63 and a debt-to-equity ratio of 0.54.

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 firm had revenue of $1.68 billion during 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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