Tingyi (Cayman Islands) (OTCMKTS:TCYMF) Sets New 1-Year High – Should You Buy?

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMFGet Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $1.61 and last traded at $1.61, with a volume of 525 shares traded. The stock had previously closed at $1.56.

Tingyi (Cayman Islands) Price Performance

The firm’s 50 day simple moving average is $1.48 and its two-hundred day simple moving average is $1.45. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.63 and a quick ratio of 0.51.

About Tingyi (Cayman Islands)

(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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