Tingyi (Cayman Islands) (OTCMKTS:TCYMF) Sets New 52-Week High – Here’s What Happened

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $1.61 and last traded at $1.61, with a volume of 525 shares changing hands. The stock had previously closed at $1.56.

Tingyi (Cayman Islands) Price Performance

The firm has a fifty day simple moving average of $1.48 and a two-hundred day simple moving average of $1.45. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.63 and a quick ratio of 0.51.

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.