Tingyi (Cayman Islands) (OTCMKTS:TCYMF) Hits New 52-Week High – What’s Next?

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $1.53 and last traded at $1.53, with a volume of 0 shares. The stock had previously closed at $1.53.

Tingyi (Cayman Islands) Price Performance

The business’s 50 day moving average is $1.32 and its 200-day moving average is $1.23. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 0.25.

Tingyi (Cayman Islands) Company Profile

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.