Shares of Tuya Inc. (NYSE:TUYA – Get Rating) traded down 8.1% during trading on Wednesday . The stock traded as low as $1.54 and last traded at $1.54. 64,709 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 941,665 shares. The stock had previously closed at $1.67.
Tuya Price Performance
The stock has a market capitalization of $771.19 million, a PE ratio of -4.67 and a beta of -1.15. The company has a current ratio of 12.60, a quick ratio of 11.86 and a debt-to-equity ratio of 0.01. The company’s 50 day simple moving average is $2.24 and its 200 day simple moving average is $3.12.
Tuya (NYSE:TUYA – Get Rating) last released its earnings results on Tuesday, June 14th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.01). The firm had revenue of $55.32 million during the quarter, compared to analysts’ expectations of $54.01 million. Tuya had a negative return on equity of 16.65% and a negative net margin of 63.17%. During the same period in the previous year, the firm posted ($0.15) earnings per share. On average, equities analysts anticipate that Tuya Inc. will post -0.3 earnings per share for the current year.
Institutional Trading of Tuya
Tuya Inc develops Internet of Things (IoT) cloud platform worldwide. The company provides IoT Platform-as-a-Service that enables brands, original equipment manufacturers, and developers to develop, launch, manage, and monetize smart devices and services; industry Software-as-a-Service, which enables businesses to deploy, connect, and manage various types of smart devices.
- Get a free copy of the StockNews.com research report on Tuya (TUYA)
- Agilent Technologies Proves Its Worth VS Illumina
- Lowe’s Stands Out Amid Q2 Retail Reports
- Target’s Results Cap Upside Potential For Retail Stocks
- Are These 3 Video Game Stocks Now In Play?
- 2 Long-Term EV Plays Trading Under $20
Receive News & Ratings for Tuya Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tuya and related companies with MarketBeat.com's FREE daily email newsletter.