Shares of Tuya Inc. (NYSE:TUYA – Get Free Report) traded down 5% on Friday . The stock traded as low as $1.71 and last traded at $1.71. 919 shares changed hands during trading, a decline of 100% from the average session volume of 398,842 shares. The stock had previously closed at $1.80.
Tuya Stock Up 3.5 %
The company has a fifty day simple moving average of $1.60 and a two-hundred day simple moving average of $1.71. The stock has a market capitalization of $894.54 million, a P/E ratio of -9.83 and a beta of -0.05.
Tuya (NYSE:TUYA – Get Free Report) last posted its earnings results on Wednesday, August 23rd. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $57.00 million for the quarter. Tuya had a negative return on equity of 9.55% and a negative net margin of 51.31%. As a group, equities analysts forecast that Tuya Inc. will post -0.13 earnings per share for the current year.
Institutional Trading of Tuya
Tuya Inc offers Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides IoT platform-as-a-service that enables brands, original equipment manufacturers, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.
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