Tingyi (Cayman Islands) (OTCMKTS:TCYMF) Trading 30.1% Higher – Should You Buy?

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF)’s stock price traded up 30.1% during trading on Monday . The company traded as high as $1.53 and last traded at $1.53. 20,000 shares traded hands during mid-day trading, The stock had previously closed at $1.18.

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 business has a 50-day simple moving average of $1.18 and a two-hundred day simple moving average of $1.18.

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.