Tuya Inc ADR (NYSE:TUYA)’s traded shares stood at 2.52 million during the last session, with the company’s beta value hitting 0.34. At the close of trading, the stock’s price was $1.84, to imply an increase of 3.95% or $0.07 in intraday trading. The TUYA share’s 52-week high remains $2.39, putting it -29.89% down since that peak but still an impressive 30.43% since price per share fell to its 52-week low of $1.28. The company has a valuation of $900.96M, with an average of 2.8 million shares in intraday trading volume over the past 10 days and average of 851.25K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Tuya Inc ADR (TUYA), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give TUYA a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.02.
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Tuya Inc ADR (NYSE:TUYA) trade information
After registering a 3.95% upside in the last session, Tuya Inc ADR (TUYA) has traded red over the past five days. The 5-day price performance for the stock is 17.20%, and 29.87% over 30 days. With these gigs, the year-to-date price performance is -16.43%. Short interest in Tuya Inc ADR (NYSE:TUYA) saw shorts transact 1.52 million shares and set a 1.95 days time to cover.
The extremes give us $3.5 and $3.5 for target low and target high price respectively. As such, TUYA has been trading -90.22% off suggested target high and -90.22% from its likely low.
Tuya Inc ADR (TUYA) estimates and forecasts
Looking at statistics comparing Tuya Inc ADR share performance against respective industry, we note that the company has outperformed competitors. Tuya Inc ADR (TUYA) shares are 8.59% up over the last 6 months, with its year-to-date growth rate higher than industry average at 300.00% against 18.60%. The rating firms project that company’s revenue will grow 23.10% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 75.49M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 74.14M.Earnings reports from the last fiscal year show that sales brought in 57.16M and 64.41M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 32.10% before jumping 15.10% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 4.71% for the past 5-year period. While 2024 is set for a 66.67% return in earnings, projections for the next 5 years are at -1.30% annually.
TUYA Dividends
Tuya Inc ADR has its next earnings report out in November. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is CARMIGNAC GESTION with 6.04 million shares, or about 1.0804% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $10.33 million.
