Tingyi (Cayman Islands) (OTCMKTS:TCYMF) Trading 30.1% Higher – Here’s Why

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

Tingyi (Cayman Islands) Stock Performance

The business’s fifty day moving average is $1.18 and its 200 day moving average is $1.18. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 0.25.

Tingyi (Cayman Islands) Company Profile

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.