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Is Tuya Inc ADR (TUYA) a good stock to buy now?

Tuya Inc ADR (NYSE: TUYA) is 38.55% higher on its value in year-to-date trading and has touched a low of $1.28 and a high of $2.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TUYA stock was last observed hovering at around $2.48 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $2.48, the stock is 22.86% and 33.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.4 million and changing 0.00% at the moment leaves the stock 48.65% off its SMA200. TUYA registered 41.56% gain for a year compared to 6-month gain of 76.23%. The firm has a 50-day simple moving average (SMA 50) of $1.8494 and a 200-day simple moving average (SMA200) of $1.7006.

The stock witnessed a 38.55% loss in the last 1 month and extending the period to 3 months gives it a 55.97%, and is 6.44% 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 6.47% over the week and 5.87% over the month.

Tuya Inc ADR (TUYA) has around 1465 employees, a market worth around $1.21B and $280.97M in sales. Fwd P/E is 20.67. Profit margin for the company is -5.55%. Distance from 52-week low is 93.75% and -4.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.57%).

with sales reaching $81.4M over the same period.The EPS is expected to grow by 300.00% this year, but quarterly earnings will post 29.39% year-over-year. Quarterly sales are estimated to grow 26.38% in year-over-year returns.

Tuya Inc ADR (TUYA) Top Institutional Holders

The shares outstanding are 489.65M, and float is at 486.49M with Short Float at 0.27%.

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

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