Tuya Inc. (NYSE:TUYA - Get Free Report)'s share price gapped up before the market opened on Monday . The stock had previously closed at $1.84, but opened at $1.90. Tuya shares last traded at $1.90, with a volume of 738,809 shares.
Tuya Stock Down 1.6 %
The stock has a 50-day moving average of $1.51 and a 200-day moving average of $1.68. The company has a market cap of $912.94 million, a PE ratio of -22.54 and a beta of 0.36.
Tuya (NYSE:TUYA - Get Free Report) last announced its earnings results on Monday, August 26th. The company reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.02. Tuya had a negative net margin of 6.20% and a negative return on equity of 0.65%. The business had revenue of $73.28 million for the quarter, compared to the consensus estimate of $69.36 million.
Tuya Dividend Announcement
The company also recently disclosed a Variable dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Wednesday, September 11th will be given a dividend of $0.059 per share. The ex-dividend date of this dividend 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 position in shares of Tuya Inc. (NYSE:TUYA - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor 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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