Tingyi (Cayman Islands) (OTCMKTS:TCYMF) Shares Up 30.1% – What’s Next?

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) rose 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 were traded during trading, The stock had previously closed at $1.18.

Tingyi (Cayman Islands) Price Performance

The stock has a 50 day simple moving average of $1.18 and a 200-day simple moving average of $1.18. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.51 and a current ratio of 0.63.

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.