rts logo

Check out this: Tuya Inc ADR (TUYA) could be on the verge of a big rally

Tuya Inc ADR (NYSE: TUYA) is -16.43% lower on its value in year-to-date trading and has touched a low of $1.28 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 $1.76 in the last trading session, with the day’s gains setting it 0.08%.

Currently trading at $1.84, the stock is 23.69% and 25.58% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.04 million and changing 4.55% at the moment leaves the stock 8.62% off its SMA200. TUYA registered 33.47% gain for a year compared to 6-month loss of 11.10%. The firm has a 50-day simple moving average (SMA 50) of $1.5134 and a 200-day simple moving average (SMA200) of $1.7627.

The stock witnessed a 32.55% gain in the last 1 month and extending the period to 3 months gives it a 20.88%, and is 8.24% 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 6.08% over the week and 6.84% over the month.

Tuya Inc ADR (TUYA) has around 1465 employees, a market worth around $900.96M and $260.44M in sales. Fwd P/E is 27.06. Profit margin for the company is -6.20%. Distance from 52-week low is 43.75% and -23.12% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.61%).

with sales reaching $75.49M over the same period.The EPS is expected to grow by 66.67% this year, but quarterly earnings will post 23.10% year-over-year. Quarterly sales are estimated to grow 32.10% in year-over-year returns.

Tuya Inc ADR (TUYA) Top Institutional Holders

The shares outstanding are 487.59M, and float is at 486.49M with Short Float at 0.31%.

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.

Tuya Inc ADR (TUYA) Insider Activity

#####

Related Posts