Tingyi (Cayman Islands) (OTCMKTS:TCYMF) Reaches New 52-Week High – Still a Buy?

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) reached a new 52-week high on Monday . The company traded as high as $1.53 and last traded at $1.53, with a volume of 0 shares. The stock had previously closed at $1.53.

Tingyi (Cayman Islands) Price Performance

The stock has a fifty day moving average price of $1.31 and a two-hundred day moving average price of $1.22. 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.