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

by · The Cerbat Gem

Shares of Teijin Limited (OTCMKTS:TINLY – Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $9.32 and traded as low as $8.89. Teijin shares last traded at $8.89, with a volume of 920 shares traded.

Teijin Price Performance

The business’s fifty day moving average is $9.58 and its 200-day moving average is $9.32. The company has a quick ratio of 0.92, a current ratio of 1.45 and a debt-to-equity ratio of 0.61.

Teijin (OTCMKTS:TINLY – Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.14 earnings per share (EPS) for the quarter. Teijin had a net margin of 1.24% and a return on equity of 1.69%. The firm had revenue of $1.64 billion during the quarter.

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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