Tuya Inc. (NYSE:TUYA - Get Free Report)'s share price reached a new 52-week high on Thursday . The company traded as high as $2.20 and last traded at $2.16, with a volume of 384718 shares traded. The stock had previously closed at $2.10.
Tuya Trading Up 3.9 %
The company has a market capitalization of $1.15 billion, a PE ratio of -75.83 and a beta of 0.42. The firm has a 50 day simple moving average of $1.77 and a two-hundred day simple moving average of $1.63.
Hedge Funds Weigh In On Tuya
Hedge funds and other institutional investors have recently bought and sold shares of the company. XTX Topco Ltd acquired a new stake in shares of Tuya in the 2nd quarter worth $27,000. Catalina Capital Group LLC purchased a new position in Tuya during the fourth quarter worth about $29,000. Centiva Capital LP acquired a new stake in Tuya in the third quarter valued at about $63,000. Paloma Partners Management Co purchased a new stake in Tuya in the 3rd quarter valued at approximately $73,000. Finally, Quadrature Capital Ltd acquired a new position in Tuya during the 3rd quarter worth approximately $92,000. 11.47% of the stock is currently owned by hedge funds and other institutional investors.
About Tuya
(
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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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