Tuya Inc ADR (NYSE: TUYA): Another Stock Investors Should Watch

During the last session, Tuya Inc ADR (NYSE:TUYA)’s traded shares were 1.03 million, with the beta value of the company hitting 0.34. At the end of the trading day, the stock’s price was $1.56, reflecting an intraday loss of -1.89% or -$0.03. The 52-week high for the TUYA share is $2.50, that puts it down -60.26 from that peak though still a striking 11.54% gain since the share price plummeted to a 52-week low of $1.38. The company’s market capitalization is $763.85M, and the average intraday trading volume over the past 10 days was 0.96 million shares, and the average trade volume was 394.35K shares over the past three months.

Tuya Inc ADR (TUYA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. TUYA has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.02.

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Tuya Inc ADR (NYSE:TUYA) trade information

Tuya Inc ADR (TUYA) registered a -1.89% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.89% in intraday trading to $1.56, hitting a weekly high. The stock’s 5-day price performance is -2.50%, and it has moved by 3.31% in 30 days. Based on these gigs, the overall price performance for the year is 0.65%. The short interest in Tuya Inc ADR (NYSE:TUYA) is 0.92 million shares and it means that shorts have 4.11 day(s) to cover.

The consensus price target of analysts on Wall Street is $3.5, which implies an increase of 55.43% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.5 and $3.5 respectively. As a result, TUYA is trading at a discount of -124.36% off the target high and -124.36% off the low.

Tuya Inc ADR (TUYA) estimates and forecasts

Statistics show that Tuya Inc ADR has outperformed its competitors in share price, compared to the industry in which it operates. Tuya Inc ADR (TUYA) shares have gone down -24.27% during the last six months, with a year-to-date growth rate more than the industry average at 166.67% against 17.80. In the rating firms’ projections, revenue will increase 22.20% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 74.39M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 76.09M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 57.16M and 64.41M respectively. In this case, analysts expect current quarter sales to grow by 30.10% and then jump by 18.10% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 4.71%. While earnings are projected to return 211.11% in 2024, the next five years will return -1.30% per annum.

TUYA Dividends

Tuya Inc ADR is due to release its next quarterly earnings in September. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 6.04 million shares, is of CARMIGNAC GESTION’s that is approximately 1.0804% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $10.33 million.