T3 Companies LLC Buys Shares of 499,122 Tungray Technologies Inc. $TRSG

T3 Companies LLC bought a new position in Tungray Technologies Inc. (NASDAQ:TRSG) during the 4th quarter, Holdings Channel.com reports. The fund bought 499,122 shares of the company’s stock, valued at approximately $557,000.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of Tungray Technologies from a “sell (d)” rating to a “sell (e+)” rating in a research note on Monday, April 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Tungray Technologies currently has an average rating of “Sell”.

Tungray Technologies Stock Performance

Shares of TRSG opened at $1.61 on Thursday. The business’s 50 day moving average is $1.30 and its 200 day moving average is $1.21. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.94 and a quick ratio of 1.59. Tungray Technologies Inc. has a 12-month low of $1.02 and a 12-month high of $1.98.

Tungray Technologies (NASDAQ:TRSG) last announced its quarterly earnings data on Thursday, April 23rd. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $4.09 million for the quarter.

About Tungray Technologies

Tungray Technologies Inc, through its subsidiaries, provides tooling and customized industrial manufacturing solutions in China and Singapore. It offers customized industrial test and tooling solutions; welding equipment manufacturing; and direct drive and linear direct current motors. The company also designs, develops, and manufactures non- standard equipment, such as automated assembly equipment, precision testing equipment, tooling fixtures, etc., as well as induction brazing and hardening equipment, and tooling fixtures; researches, develops, and sells intelligent robots and storage equipment; and installs industrial machinery and equipment, and mechanical engineering works.