In the latest trading session, 0.82 million Tuya Inc ADR (NYSE:TUYA) shares changed hands as the company’s beta touched 0.44. With the company’s most recent per share price at $1.80 changing hands around $0.06 or 3.45% at last look, the market valuation stands at $881.37M. TUYA’s current price is a discount, trading about -32.78% off its 52-week high of $2.39. The share price had its 52-week low at $1.28, which suggests the last value was 28.89% up since then. When we look at Tuya Inc ADR’s average trading volume, we note the 10-day average is 1.29 million shares, with the 3-month average coming to 1.09 million.
Analysts gave the Tuya Inc ADR (TUYA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended TUYA as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Tuya Inc ADR’s EPS for the current quarter is expected to be 0.03.
Tuya Inc ADR (NYSE:TUYA) trade information
Instantly TUYA is in green as seen in intraday trades today. With action 11.80%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -18.25%, with the 5-day performance at 11.80% in the green. However, in the 30-day time frame, Tuya Inc ADR (NYSE:TUYA) is 19.21% up. Looking at the short shares, we see there were 0.59 million shares sold at short interest cover period of 0.65 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3.5, meaning bulls need an upside of 48.57% from its recent market value. According to analyst projections, TUYA’s forecast low is 3.5 with 3.5 as the target high. To hit the forecast high, the stock’s price needs a -94.44% plunge from its current level, while the stock would need to soar -94.44% for it to hit the projected low.
Tuya Inc ADR (TUYA) estimates and forecasts
Data shows that the Tuya Inc ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -1.04% over the past 6 months, a 300.00% in annual growth rate that is considerably higher than the industry average of 24.90%. Year-over-year growth is forecast to reach 29.44% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 80.4M. The company’s revenue for the corresponding quarters a year ago was 64.41M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 24.83%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 4.71%. The 2024 estimates are for Tuya Inc ADR earnings to increase by 127.78%, but the outlook for the next 5-year period is at -1.30% per year.
Tuya Inc ADR (NYSE:TUYA)’s Major holders
CARMIGNAC GESTION holds the second largest percentage of outstanding shares, with 1.0804% or 6.04 million shares worth $10.33 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jul 31, 2024 were Vanguard International Stock Index-Emerging Markets Stk and Vanguard International Stock Index-Total Intl Stock Indx. With 3.0 shares estimated at $5.38 million under it, the former controlled 0.59% of total outstanding shares. On the other hand, Vanguard International Stock Index-Total Intl Stock Indx held about 0.58% of the shares, roughly 2.91 shares worth around $5.22 million.
