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Teijin (OTCMKTS:TINLY) Stock Price Passes Below 200-Day Moving Average - Here's Why

Teijin logo with Consumer Discretionary background

Shares of Teijin Limited (OTCMKTS:TINLY - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.45 and traded as low as $7.32. Teijin shares last traded at $7.32, with a volume of 513 shares changing hands.

Teijin Price Performance

The company has a market capitalization of $1.41 billion, a PE ratio of 28.83 and a beta of 0.17. The firm has a fifty day moving average of $8.33 and a two-hundred day moving average of $8.45. The company has a current ratio of 1.47, a quick ratio of 0.91 and a debt-to-equity ratio of 0.71.

Teijin Company Profile

(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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