Teijin (OTCMKTS:TINLY) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Teijin Limited (OTCMKTS:TINLYGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $9.34 and traded as low as $8.54. Teijin shares last traded at $8.54, with a volume of 4,264 shares trading hands.

Teijin Price Performance

The stock has a 50 day simple moving average of $9.60 and a 200-day simple moving average of $9.34. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.92 and a current ratio of 1.45.

Teijin (OTCMKTS:TINLYGet Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.14 earnings per share (EPS) for the quarter. Teijin had a return on equity of 1.69% and a net margin of 1.24%. 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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