ValuEngine upgraded shares of TMSR (NASDAQ:TMSR) from a hold rating to a buy rating in a research report report published on Wednesday morning, ValuEngine reports.

TMSR stock opened at $0.95 on Wednesday. The company has a quick ratio of 0.95, a current ratio of 1.07 and a debt-to-equity ratio of 0.01. TMSR has a 52 week low of $0.66 and a 52 week high of $9.47. The stock has a 50-day moving average price of $0.88 and a 200 day moving average price of $1.14.

In related news, CEO Yimin Jin sold 1,000,000 shares of TMSR stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $0.80, for a total transaction of $800,000.00. Following the completion of the transaction, the chief executive officer now directly owns 4,267,528 shares in the company, valued at $3,414,022.40. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 47.00% of the company’s stock.

About TMSR

TMSR Holding Company Limited, together with its subsidiaries, focuses on the research, development, production, and sale of solid waste recycling systems for the mining and industrial sectors in the People's Republic of China. It is also involved in the iron ore trading, wine import and resale, and Agarwood wine trading businesses; and provision of ship exchange consulting services.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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