Tingyi (Cayman Islands) (OTCMKTS:TCYMF) Reaches New 52-Week High – Should You Buy?

Shares of Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMFGet Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $1.56 and last traded at $1.56, with a volume of 7280 shares traded. The stock had previously closed at $1.51.

Tingyi (Cayman Islands) Stock Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.51 and a current ratio of 0.63. The firm’s 50-day simple moving average is $1.46 and its two-hundred day simple moving average is $1.44.

Tingyi (Cayman Islands) Company Profile

(Get Free Report)

Tingyi (Cayman Islands) Holding Corp., an investment holding company, manufactures and sells instant noodles, beverages, and instant food products in the People's Republic of China. The company operates through Instant Noodles, Beverages, and Others segments. It offers ready-to-drink teas, juices, bottled water, and carbonated soft drinks, as well as coffee drinks/functional drinks/probiotics.

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