Tingo Group, Inc. (NASDAQ:TIO – Get Rating) was the recipient of some unusual options trading activity on Tuesday. Stock traders bought 15,825 put options on the stock. This represents an increase of 354% compared to the typical daily volume of 3,483 put options.
Analyst Upgrades and Downgrades
Separately, TheStreet upgraded shares of Tingo Group from a “d” rating to a “c-” rating in a research note on Friday, April 21st.
Tingo Group Stock Performance
TIO stock opened at $1.32 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.06 and a current ratio of 2.06. The company has a 50-day simple moving average of $2.53. Tingo Group has a 52 week low of $0.54 and a 52 week high of $5.69.
About Tingo Group
Tingo Group, Inc engages in the financial technology and agri-fintech businesses delivering financial inclusion and financial upliftment to rural farming communities in Africa, Southeast Asia, and the Middle East. The company operates through Verticals and Technology, Online Stock Trading, Comprehensive Platform Service segments.
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