Tingyi (Cayman Islands) (OTCMKTS:TCYMF) Reaches New 1-Year High – Time to Buy?

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

Tingyi (Cayman Islands) Stock Up 3.2 %

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

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.