Tuya Inc. (NYSE:TUYA - Get Free Report)'s stock price gapped up before the market opened on Friday . The stock had previously closed at $2.19, but opened at $2.30. Tuya shares last traded at $2.27, with a volume of 567,853 shares trading hands.
Tuya Trading Up 3.9 %
The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of -75.83 and a beta of 0.42. The business has a 50-day moving average price of $1.78 and a two-hundred day moving average price of $1.63.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of TUYA. XTX Topco Ltd bought a new stake in shares of Tuya during the second quarter valued at about $27,000. Catalina Capital Group LLC acquired a new position in Tuya during the 4th quarter valued at about $29,000. Centiva Capital LP bought a new stake in shares of Tuya during the 3rd quarter worth about $63,000. Paloma Partners Management Co acquired a new stake in shares of Tuya in the 3rd quarter worth approximately $73,000. Finally, Quadrature Capital Ltd acquired a new stake in Tuya in the third quarter worth approximately $92,000. 11.47% of the stock is owned by institutional investors and hedge funds.
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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