Monthly Drifts in Ten League International Holdings Ltd (TLIH) Stock: A Closer Look

Ten League International Holdings Ltd [TLIH] stock prices are up 4.84% to $0.62 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The TLIH shares have lost -7.61% over the last week, with a monthly amount drifted -86.60%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

The stock price of Ten League International Holdings Ltd [TLIH] has been fluctuating between $0.55 and $7.00 over the past year. Ten League International Holdings Ltd [NASDAQ: TLIH] shares were valued at $0.62 at the most recent close of the market.

Analyzing the TLIH fundamentals

The Ten League International Holdings Ltd [NASDAQ:TLIH] reported sales of 42.90M for trailing twelve months, representing a drop of -42.30%. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.36 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of6.05.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.5615 points at the first support level, and at 0.5041 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6782, and for the 2nd resistance point, it is at 0.7375.

Ratios To Look Out For

It’s worth pointing out that Ten League International Holdings Ltd [NASDAQ:TLIH]’s Current Ratio is 0.70. On the other hand, the Quick Ratio is 0.30, and the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 0.42, the price to book ratio is 3.87 and price to earnings (TTM) ratio is 12.38.

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