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Teijin (OTCMKTS:TINLY) Share Price Crosses Above Fifty Day Moving Average - Here's What Happened

Teijin logo with Consumer Discretionary background

Key Points

  • Teijin Ltd. stock has surpassed its fifty day moving average, which currently stands at $8.22, and reached a high of $8.65 during trading.
  • The company reported a loss of ($0.03) EPS and a revenue of $1.68 billion for the recent quarter ending August 5th.
  • Teijin operates in various sectors including fibers, films, composites, healthcare, and IT, offering a range of specialized materials such as aramid fibers and carbon fibers.
  • Interested in Teijin? Here are five stocks we like better.

Teijin Ltd. (OTCMKTS:TINLY - Get Free Report)'s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $8.22 and traded as high as $8.65. Teijin shares last traded at $8.65, with a volume of 1,206 shares traded.

Teijin Stock Performance

The company has a debt-to-equity ratio of 0.54, a current ratio of 1.63 and a quick ratio of 1.08. The business's fifty day moving average price is $8.29 and its 200-day moving average price is $8.22.

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.

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.

See Also

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