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%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
