Tuya Inc ADR (NYSE: TUYA) is -32.78% lower on its value in year-to-date trading and has touched a low of $1.29 and a high of $2.39 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TUYA stock was last observed hovering at around $1.38 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $1.48, the stock is 3.44% and 1.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 7.25% at the moment leaves the stock -14.10% off its SMA200. TUYA registered 0.39% gain for a year compared to 6-month loss of -17.33%.
The stock witnessed a 0.39% gain in the last 1 month and extending the period to 3 months gives it a -9.06%, and is 12.12% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.01% over the week and 6.74% over the month.
Tuya Inc ADR (TUYA) has around 1465 employees, a market worth around $724.68M and $260.44M in sales. Fwd P/E is 13.87. Profit margin for the company is -6.20%. Distance from 52-week low is 14.73% and -38.16% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.61%).
The EPS is expected to grow by 255.56% this year
The shares outstanding are 487.59M, and float is at 486.49M with Short Float at 0.23%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 8.36 million shares valued at $14.29 million. The investor’s holdings represent 1.4947 of the TUYA Shares outstanding. As of 2024-06-30, the second largest holder is CARMIGNAC GESTION with 6.04 million shares valued at $10.33 million to account for 1.0804 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.79 million shares representing 0.8564 and valued at over $8.19 million, while NEA MANAGEMENT COMPANY, LLC holds 0.5832 of the shares totaling 3.26 million with a market value of $5.58 million.
