Tuya Inc. (NYSE:TUYA - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $1.51, but opened at $1.58. Tuya shares last traded at $1.56, with a volume of 54,031 shares trading hands.
Tuya Stock Up 1.3 %
The company has a market cap of $771.71 million, a price-to-earnings ratio of -51.83 and a beta of 0.37. The firm has a 50 day moving average price of $1.56 and a two-hundred day moving average price of $1.66.
Tuya (NYSE:TUYA - Get Free Report) last issued its quarterly earnings results on Monday, August 26th. The company reported $0.01 EPS 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 analysts' expectations of $69.36 million.
Tuya Dividend Announcement
The business also recently disclosed a Variable dividend, which was paid on Tuesday, October 15th. Stockholders of record on Wednesday, September 11th were issued a dividend of $0.059 per share. The ex-dividend date of this dividend was Wednesday, September 11th.
Institutional Trading of Tuya
A hedge fund recently bought a new stake in Tuya stock. XTX Topco Ltd purchased a new position in shares of Tuya Inc. (NYSE:TUYA - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,783 shares of the company's stock, valued at approximately $27,000. Hedge funds and other 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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