Tuya Inc. (NYSE:TUYA - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 1,002,960 shares were traded during trading, a decline of 23% from the previous session's volume of 1,299,149 shares.The stock last traded at $3.79 and had previously closed at $4.03.
Tuya Price Performance
The stock has a market cap of $2.10 billion, a P/E ratio of -130.83 and a beta of 0.39. The company has a 50 day simple moving average of $2.76 and a 200-day simple moving average of $2.02.
Tuya (NYSE:TUYA - Get Free Report) last released its earnings results on Wednesday, February 26th. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.03 by ($0.01). The firm had revenue of $82.06 million during the quarter, compared to analysts' expectations of $81.40 million. Tuya had a negative net margin of 5.55% and a negative return on equity of 0.58%.
Tuya Dividend Announcement
The company also recently announced a -- dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.0608 per share. This represents a yield of 6.1%. The ex-dividend date is Thursday, March 13th. Tuya's payout ratio is 400.00%.
Institutional Investors Weigh In On Tuya
Several large investors have recently bought and sold shares of TUYA. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Tuya by 91.2% during the third 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Tuya by 60.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 350,116 shares of the company's stock valued at $578,000 after acquiring an additional 132,200 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Tuya during the third quarter valued at $116,000. Paloma Partners Management Co purchased a new stake in Tuya in the third quarter valued at approximately $73,000. Finally, Centiva Capital LP acquired a new position in Tuya during the third quarter valued at $63,000. Institutional investors own 11.47% of the company's stock.
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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