With 2.4 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.06 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $2.56 whereas the lowest price it dropped to was $2.37. The 52-week range on TUYA shows that it touched its highest point at $2.60 and its lowest point at $1.28 during that stretch. It currently has a 1-year price target of $3.02. TUYA paid its most recent dividend on 1726012800, while the ex-dividend date for that was 1726012800. Beta for the stock currently stands at 0.48.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TUYA was up-trending over the past week, with a rise of 6.44%, but this was up by 38.55% over a month. Three-month performance surged to 55.97% while six-month performance rose 76.23%. The stock gained 41.56% in the past year, while it has gained 38.55% so far this year. A look at the trailing 12-month EPS for TUYA yields -0.03 with Next year EPS estimates of 0.12. For the next quarter, that number is 0.03. This implies an EPS growth rate of 300.00% for this year and 0.00% for next year.
Float and Shares Shorts:
At present, 489.65 million TUYA shares are outstanding with a float of 486.49 million shares on hand for trading. On 2024-10-31, short shares totaled 0.59 million, which was 11.0 higher than short shares on 1727654400. In addition to Mr. Xueji Wang as the firm’s Founder, Co-Chairman & CEO, Mr. Liaohan Chen serves as its Founder, Co-Chairman & President.
Institutional Ownership:
Through their ownership of 0.0594 of TUYA’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, TUYA reported revenue of $81617000.0 and operating income of -$17113000.0. The EBITDA in the recently reported quarter was -$16475000.0 and diluted EPS was -$0.01.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TUYA since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TUYA analysts setting a high price target of 3.2 and a low target of 2.9, the average target price over the next 12 months is 2.99167. Based on these targets, TUYA could surge 29.03% to reach the target high and rise by 16.94% to reach the target low. Reaching the average price target will result in a growth of 20.63% from current levels.
Analysts have provided yearly estimates in a range of $0.12269 being high and $0.11538 being low. For TUYA, this leads to a yearly average estimate of $0.12. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
