Tuya Inc. (NYSE:TUYA - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 1,075,637 shares traded hands during trading, an increase of 72% from the previous session's volume of 624,722 shares.The stock last traded at $2.01 and had previously closed at $1.87.
Tuya Trading Up 7.2 %
The stock's 50 day moving average price is $1.73 and its 200 day moving average price is $1.62. The company has a market cap of $1.01 billion, a price-to-earnings ratio of -66.83 and a beta of 0.42.
Institutional Trading of Tuya
Institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC increased its position in Tuya by 2,493.1% during the 3rd quarter. Jane Street Group LLC now owns 691,655 shares of the company's stock worth $1,141,000 after purchasing an additional 664,982 shares in the last quarter. XTX Topco Ltd increased its position in Tuya by 204.5% during the 3rd quarter. XTX Topco Ltd now owns 48,062 shares of the company's stock worth $79,000 after purchasing an additional 32,279 shares in the last quarter. Barclays PLC boosted its holdings in Tuya by 3.6% in the 3rd quarter. Barclays PLC now owns 270,843 shares of the company's stock worth $447,000 after acquiring an additional 9,307 shares during the period. Y Intercept Hong Kong Ltd purchased a new position in Tuya in the 3rd quarter worth approximately $772,000. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Tuya by 91.2% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 633,686 shares of the company's stock worth $1,046,000 after acquiring an additional 302,261 shares during the period. Institutional investors and hedge funds 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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