Tuya Inc. (NYSE:TUYA - Get Free Report) saw an uptick in trading volume on Wednesday . 460,011 shares were traded during mid-day trading, a decline of 4% from the previous session's volume of 479,306 shares.The stock last traded at $1.82 and had previously closed at $1.72.
Tuya Price Performance
The firm's 50 day simple moving average is $1.71 and its two-hundred day simple moving average is $1.61. The firm has a market capitalization of $905.37 million, a P/E ratio of -59.83 and a beta of 0.42.
Institutional Investors Weigh In On Tuya
Hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC grew 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 acquiring an additional 664,982 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Tuya in the third quarter worth approximately $772,000. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Tuya by 91.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 633,686 shares of the company's stock worth $1,046,000 after buying an additional 302,261 shares during the period. Public Employees Retirement System of Ohio bought a new stake in Tuya during the 3rd quarter valued at $218,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Tuya by 60.7% during the 3rd 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 buying an additional 132,200 shares during the period. Institutional investors 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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