Ten-League International (NASDAQ:TLIH) Releases Earnings Results

Ten-League International (NASDAQ:TLIH) issued its earnings results on Wednesday. The company reported $0.23 earnings per share for the quarter, FiscalAI reports. The company had revenue of $12.79 million for the quarter.

Ten-League International Stock Up 0.9%

Shares of NASDAQ:TLIH opened at $5.75 on Thursday. The company has a quick ratio of 0.56, a current ratio of 0.87 and a debt-to-equity ratio of 0.45. The company 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 12 month low of $2.20 and a 12 month high of $6.78.

Analysts Set New Price Targets

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.com, Ten-League International currently has an average 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.