Shares of Tuya Inc. (NYSE:TUYA - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $1.84, but opened at $1.75. Tuya shares last traded at $1.81, with a volume of 365,639 shares changing hands.
Tuya Trading Down 4.3 %
The business's fifty day simple moving average is $1.51 and its 200 day simple moving average is $1.69. The stock has a market cap of $887.72 million, a price-to-earnings ratio of -22.00 and a beta of 0.36.
Tuya (NYSE:TUYA - Get Free Report) last posted its quarterly earnings results on Monday, August 26th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.02. The business had revenue of $73.28 million for the quarter, compared to analyst estimates of $69.36 million. Tuya had a negative return on equity of 0.65% and a negative net margin of 6.20%.
Tuya Announces Dividend
The business also recently declared a Variable dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Wednesday, September 11th will be paid a $0.059 dividend. The ex-dividend date is Wednesday, September 11th.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Tuya stock. XTX Topco Ltd bought a new stake in Tuya Inc. (NYSE:TUYA - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,783 shares of the company's stock, valued at approximately $27,000. Institutional investors own 11.47% of the company's stock.
About Tuya
(
Get 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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