Tingyi (Cayman Islands) (TCYMF) Downgraded by Zacks Investment Research

Zacks Investment Research cut shares of Tingyi (Cayman Islands) (OTCMKTS:TCYMF) from a hold rating to a sell rating in a research report released on Wednesday, Zacks.com reports.

According to Zacks, “Tingyi (Cayman Islands) Holdings Corp. operates as the manufacturer and retailer of instant noodles, beverages and baked goods in the Peoples’ Republic of China. The Company markets its products majorly under the brand name Master Kong. Its instant noodle products include Noodles with Braised Beef, Noodles with Spicy Beef, Noodles with Stewed Mushroom and Chicken and Noodles with Fresh Shrimp and Fish. Tingyi offers RTD tea, bottled water and fruit juice as its major products under its beverage business. Tingyi (Cayman Islands) Holdings Corp. is headquartered in Tianjin, Peoples’ Republic of China. “

Shares of OTCMKTS:TCYMF opened at $1.60 on Wednesday. Tingyi has a 12-month low of $1.25 and a 12-month high of $1.60. The firm has a market capitalization of $8.99 billion, a PE ratio of 53.33, a P/E/G ratio of 0.85 and a beta of -0.22.

About Tingyi (Cayman Islands)

There is no company description available for Tingyi Cayman Islands Holding Corp.

Further Reading: How to Use the New Google Finance Tool

Get a free copy of the Zacks research report on Tingyi (Cayman Islands) (TCYMF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Tingyi (Cayman Islands) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tingyi (Cayman Islands) and related companies with MarketBeat.com's FREE daily email newsletter.