Ten-League International Holdings Limited (NASDAQ:TLIH) Stock Short Interest Report for September

Ten-League International Holdings Limited (NASDAQ:TLIH) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totaling 4 shares, a drop of 60.0% from the September 15th total of 10 shares. Based on an average trading volume of 1,091 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Ten-League International Stock Performance

Shares of Ten-League International stock opened at $5.72 on Wednesday. The business’s fifty day moving average price is $5.74 and its 200 day moving average price is $4.57. Ten-League International has a twelve month low of $2.20 and a twelve month high of $6.74. The company has a current ratio of 0.80, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37.

Ten-League International (NASDAQ:TLIH) last released its quarterly earnings data on Wednesday, September 30th. The company reported $0.23 earnings per share (EPS) for the quarter. The business had revenue of $12.79 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Ten-League International from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, August 3rd. One research analyst has rated the stock with a Sell rating. According to MarketBeat, Ten-League International currently has an average rating of “Sell”.

Ten-League International Company Profile

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.