Teijin (OTCMKTS:TINLY) Stock Price Up 9.2% – Here’s Why

Teijin Limited (OTCMKTS:TINLYGet Free Report)’s share price rose 9.2% on Wednesday . The stock traded as high as $8.94 and last traded at $8.94. Approximately 3,005 shares traded hands during trading, an increase of 185% from the average daily volume of 1,055 shares. The stock had previously closed at $8.19.

Teijin Price Performance

The firm’s 50-day moving average is $8.95 and its 200-day moving average is $9.11. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.45 and a quick ratio of 0.92.

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.

Further Reading

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