Shares of Teijin Ltd. (OTCMKTS:TINLY – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $8.9075, but opened at $8.5550. Teijin shares last traded at $8.77, with a volume of 600 shares trading hands.
Teijin Trading Up 0.9%
The company has a quick ratio of 1.02, a current ratio of 1.70 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $1.69 billion, a PE ratio of -4.95 and a beta of 0.05. The stock’s fifty day moving average price is $8.52 and its two-hundred day moving average price is $8.50.
About Teijin
Teijin Limited is a diversified Japanese conglomerate headquartered in Tokyo, with roots dating back to 1918 when it launched Japan’s first rayon manufacturing facility. Over the past century, the company has evolved into an integrated chemical, pharmaceutical and information technology group serving a wide range of global markets. Teijin operates through multiple business segments that include advanced fibers & composites, performance films, healthcare and IT solutions.
In its fibers & composites division, Teijin produces high-strength aramid fibers under brands such as Twaron and Technora, along with carbon fiber composite materials used in aerospace, automotive and industrial applications.
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