TOYO Co., Ltd (NASDAQ:TOYO - Get Free Report) shares dropped 1.1% on Friday . The company traded as low as $2.80 and last traded at $2.81. Approximately 8,069 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 28,710 shares. The stock had previously closed at $2.84.
TOYO Price Performance
The stock's 50 day moving average price is $3.20 and its 200-day moving average price is $3.27.
Institutional Investors Weigh In On TOYO
A number of institutional investors and hedge funds have recently bought and sold shares of the business. XTX Topco Ltd bought a new position in shares of TOYO during the fourth quarter worth $37,000. Virtu Financial LLC purchased a new stake in TOYO during the fourth quarter valued at approximately $56,000. Finally, Polar Asset Management Partners Inc. bought a new stake in shares of TOYO in the 3rd quarter valued at approximately $141,000. 84.61% of the stock is owned by institutional investors.
About TOYO
(
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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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