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

Zacks Investment Research downgraded shares of Tingyi (Cayman Islands) (OTCMKTS:TCYMF) from a hold rating to a sell rating in a research report released on Tuesday morning, 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 TCYMF stock opened at $1.63 on Tuesday. The stock has a market capitalization of $9.16 billion, a PE ratio of 54.33, a PEG ratio of 0.86 and a beta of -0.22. Tingyi has a fifty-two week low of $1.25 and a fifty-two week high of $1.63.

About Tingyi (Cayman Islands)

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

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