Ten-League International (NASDAQ:TLIH – Get Free Report) released its quarterly earnings results on Wednesday. The company reported $0.23 earnings per share for the quarter, FiscalAI reports. The business had revenue of $12.79 million for the quarter.
Ten-League International Stock Performance
Shares of TLIH opened at $5.75 on Thursday. The company has a current ratio of 0.87, a quick ratio of 0.56 and a debt-to-equity ratio of 0.45. The firm has a 50-day moving average price of $5.76 and a 200 day moving average price of $4.38. Ten-League International has a 52-week low of $2.20 and a 52-week high of $6.78.
Wall Street Analyst Weigh In
Separately, Weiss Ratings upgraded Ten-League International from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Sell rating, According to MarketBeat, Ten-League International has a consensus rating of “Sell”.
About Ten-League International
Our mission is to provide high-quality equipment, value-added engineering solutions as well as maintenance and repair services through continuous adaptation and application of new technologies. We are a Singapore-based provider of turnkey project solutions. Our business primarily consists of sales of heavy equipment and parts, heavy equipment rental and provision of engineering consultancy services to port, construction, civil engineering and underground foundation industries. We currently conduct our operations through our wholly-owned subsidiaries, Ten-League Engineering & Technology Pte.
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