Teijin (OTCMKTS:TINLY) Shares Down 5% – Time to Sell?

Teijin Ltd. (OTCMKTS:TINLYGet Free Report) was down 5% during trading on Friday . The company traded as low as $8.30 and last traded at $8.30. Approximately 200 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 1,754 shares. The stock had previously closed at $8.74.

Teijin Price Performance

The business’s 50 day simple moving average is $8.69 and its 200-day simple moving average is $8.32. The stock has a market capitalization of $1.60 billion, a price-to-earnings ratio of 207.50 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.

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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