In the last trading session, 4.82 million shares of the Tuya Inc ADR (NYSE:TUYA) were traded, and its beta was 0.35. Most recently the company’s share price was $1.59, and it changed around -$0.18 or -10.17% from the last close, which brings the market valuation of the company to $775.27M. TUYA currently trades at a discount to its 52-week high of $2.50, offering almost -57.23% off that amount. The share price’s 52-week low was $1.38, which indicates that the current value has risen by an impressive 13.21% since then. We note from Tuya Inc ADR’s average daily trading volume that its 10-day average is 0.96 million shares, with the 3-month average coming to 324.08K.
Tuya Inc ADR (NYSE:TUYA) trade information
Instantly TUYA has showed a red trend with a performance of -10.17% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.9700 on recent trading dayincreased the stock’s daily price by 19.29%. The company’s shares are currently down -30.87% year-to-date, but still up 3.25% over the last five days. On the other hand, Tuya Inc ADR (NYSE:TUYA) is 5.30% up in the 30-day period. We can see from the shorts that 0.94 million shares have been sold at a short interest cover period of 3.78 day(s).
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The consensus price target as assigned by Wall Street analysts is $3.5, which translates to bulls needing to increase their stock price by 54.57% from its current value. Analyst projections state that TUYA is forecast to be at a low of $3.5 and a high of $3.5.
Tuya Inc ADR (TUYA) estimates and forecasts
Tuya Inc ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -18.46 percent over the past six months and at a 166.67% annual growth rate that is well above the industry average of 17.90%. The year-over-year growth rate is expected to be 21.70%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 74.08M in revenue for the current quarter. 2 analysts expect Tuya Inc ADR to make 75.38M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 57.16M and 64.41M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 29.60%. Forecasts for the next quarter put sales growth at 17.00%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 4.71%. Tuya Inc ADR earnings are expected to increase by 211.11% in 2024, but the outlook is negative -1.30% per year for the next five years.
TUYA Dividends
Tuya Inc ADR’s next quarterly earnings report is expected to be released in September.
CARMIGNAC GESTION, with 1.0804% or 6.04 million shares worth $10.33 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
