Tingyi (Cayman Islands) (OTCMKTS:TCYMF) Sets New 52-Week Low – Here’s Why

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as $1.41 and last traded at $1.41, with a volume of 1820 shares trading hands. The stock had previously closed at $1.53.

Tingyi (Cayman Islands) Price Performance

The company has a debt-to-equity ratio of 0.25, a current ratio of 0.63 and a quick ratio of 0.51. The stock’s 50 day moving average price is $1.52 and its two-hundred day moving average price is $1.34.

About Tingyi (Cayman Islands)

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.