Tuya Inc. (NYSE:TUYA - Get Free Report)'s share price reached a new 52-week high on Monday . The company traded as high as $3.70 and last traded at $3.40, with a volume of 1514561 shares traded. The stock had previously closed at $3.52.
Tuya Trading Down 3.9 %
The company has a market capitalization of $1.64 billion, a PE ratio of -102.17 and a beta of 0.48. The firm has a 50 day simple moving average of $2.08 and a two-hundred day simple moving average of $1.74.
Hedge Funds Weigh In On Tuya
A number of hedge funds and other institutional investors have recently bought and sold shares of TUYA. Connor Clark & Lunn Investment Management Ltd. raised its position in Tuya by 91.2% during the 3rd 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 last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake 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 worth $578,000 after acquiring an additional 132,200 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new position in Tuya during the third quarter worth about $116,000. Paloma Partners Management Co acquired a new stake in Tuya in the third quarter valued at about $73,000. Finally, Centiva Capital LP purchased a new stake in Tuya in the 3rd quarter valued at approximately $63,000. 11.47% of the stock is currently owned by hedge funds and other institutional investors.
Tuya Company Profile
(
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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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