Tingyi Cayman Islands (OTCMKTS:TCYMF) Hits New 52-Week High – Should You Buy?

Tingyi Cayman Islands Holdings Corp. (OTCMKTS:TCYMF – Get Free Report) reached a new 52-week high during mid-day trading on Monday. The stock traded as high as $1.50 and last traded at $1.50, with a volume of 2,000 shares trading hands. The stock had previously closed at $1.50.

Tingyi Cayman Islands Price Performance

The firm’s 50-day moving average price is $1.45 and its 200-day moving average price is $1.40.

Tingyi Cayman Islands Company Profile

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Tingyi Cayman Islands Holding Corp. is a food and beverage company whose operations are primarily focused on the mainland Chinese market. The company is best known for its Master Kong brand, which has become widely associated with packaged foods and beverages in China.

Tingyi’s principal products include instant noodles, ready-to-drink teas, fruit beverages, bottled water and other packaged drinks. Its portfolio serves consumers through supermarkets, convenience stores, restaurants, vending channels and other retail outlets across China.

The company was established in 1991 and operates as part of the broader Ting Hsin International Group.

Further Reading

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