Tuya Inc ADR (NYSE: TUYA) is 12.85% higher on its value in year-to-date trading and has touched a low of $1.28 and a high of $4.63 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 $2.17 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $2.02, the stock is -34.90% and -37.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.1 million and changing -6.91% at the moment leaves the stock -0.47% off its SMA200. TUYA registered 20.57% gain for a year compared to 6-month gain of 18.13%. The firm has a 50-day simple moving average (SMA 50) of $3.2546 and a 200-day simple moving average (SMA200) of $2.0475.
The stock witnessed a -49.50% loss in the last 1 month and extending the period to 3 months gives it a 20.96%, and is -27.60% down 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 14.97% over the week and 8.43% over the month.
Current P/E ratio is 246.34 and Fwd P/E is 14.96. Profit margin for the company is 1.67%. Distance from 52-week low is 57.81% and -56.37% from its 52-week high. The company has generated returns on investments over the last 12 months (0.50%).
The EPS is expected to shrink by -11.54% this year
91.0 institutions hold shares in Tuya Inc ADR (TUYA), with institutional investors hold 21.54% of the company’s shares. The shares outstanding are 524.78M, and float is at 452.19M with Short Float at 0.69%. Institutions hold 20.44% of the Float.
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 1.0805 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.79 million shares representing 0.8565 and valued at over $8.19 million, while NEA MANAGEMENT COMPANY, LLC holds 0.5833 of the shares totaling 3.26 million with a market value of $5.58 million.
