HCEP Management Ltd acquired a new position in Tuya Inc. (NYSE:TUYA - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 317,204 shares of the company's stock, valued at approximately $568,000. Tuya accounts for approximately 0.5% of HCEP Management Ltd's portfolio, making the stock its 8th largest holding. HCEP Management Ltd owned about 0.06% of Tuya at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. Catalina Capital Group LLC purchased a new stake in Tuya in the 4th quarter worth $29,000. Virtu Financial LLC bought a new position in Tuya during the fourth quarter valued at $40,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Tuya by 157.9% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 29,200 shares of the company's stock worth $52,000 after purchasing an additional 17,877 shares during the period. Centiva Capital LP purchased a new stake in shares of Tuya during the third quarter valued at $63,000. Finally, Paloma Partners Management Co purchased a new position in shares of Tuya during the third quarter worth approximately $73,000. 11.47% of the stock is currently owned by institutional investors.
Tuya Stock Down 8.1 %
NYSE:TUYA traded down $0.18 during mid-day trading on Thursday, reaching $2.00. The company's stock had a trading volume of 1,359,687 shares, compared to its average volume of 3,986,853. The stock has a fifty day moving average of $3.26 and a 200-day moving average of $2.27. The firm has a market capitalization of $1.08 billion, a PE ratio of -66.50 and a beta of 0.43. Tuya Inc. has a 1 year low of $1.28 and a 1 year high of $4.63.
Tuya (NYSE:TUYA - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). The company had revenue of $82.06 million for the quarter, compared to analyst estimates of $81.40 million. Tuya had a negative net margin of 5.55% and a negative return on equity of 0.58%.
Tuya Dividend Announcement
The firm also recently declared a -- dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Thursday, March 13th will be given a dividend of $0.0608 per share. The ex-dividend date is Thursday, March 13th. This represents a yield of 6.1%. Tuya's dividend payout ratio is currently 400.00%.
About Tuya
(
Free Report)
Tuya Inc offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, 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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