Shares of TOYO Co., Ltd (NASDAQ:TOYO - Get Free Report) dropped 3.9% during trading on Tuesday . The company traded as low as $2.81 and last traded at $2.73. Approximately 12,228 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 625,790 shares. The stock had previously closed at $2.84.
TOYO Price Performance
The business's 50-day moving average price is $2.87 and its 200 day moving average price is $3.07.
Hedge Funds Weigh In On TOYO
A hedge fund recently bought a new stake in TOYO stock. XTX Topco Ltd bought a new position in shares of TOYO Co., Ltd (NASDAQ:TOYO - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 10,814 shares of the company's stock, valued at approximately $37,000. 84.61% of the stock is owned by institutional investors and hedge funds.
TOYO Company Profile
(
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TOYO Co Ltd. engages in the design, manufacture, and sale of solar cells and modules. It is involved in integrating the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and potentially other stages of the solar power supply chain.
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