Tingyi (Cayman Islands) (OTCMKTS:TCYMF) Sets New 12-Month High – Time to Buy?

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $1.53 and last traded at $1.53, with a volume of 0 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 quick ratio of 0.51 and a current ratio of 0.63. The firm’s 50-day simple moving average is $1.23 and its 200 day simple moving average is $1.20.

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.