Tuya Inc. (NYSE:TUYA - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $2.70, but opened at $2.84. Tuya shares last traded at $3.07, with a volume of 1,413,283 shares changing hands.
Tuya Trading Down 9.0 %
The firm has a market capitalization of $1.71 billion, a PE ratio of -106.80 and a beta of 0.48. The business's 50 day simple moving average is $2.00 and its 200 day simple moving average is $1.71.
Institutional Trading of Tuya
A number of institutional investors have recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Tuya by 141.5% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,530,291 shares of the company's stock worth $2,739,000 after purchasing an additional 896,605 shares during the last quarter. Catalina Capital Group LLC purchased a new position in Tuya in the fourth quarter valued at about $29,000. JPMorgan Chase & Co. lifted its holdings in shares of Tuya by 145.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 113,017 shares of the company's stock valued at $186,000 after purchasing an additional 66,893 shares during the last quarter. Barclays PLC raised its position in shares of Tuya by 3.6% in the 3rd quarter. Barclays PLC now owns 270,843 shares of the company's stock valued at $447,000 after purchasing an additional 9,307 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Tuya by 14.5% during the third quarter. Geode Capital Management LLC now owns 133,150 shares of the company's stock worth $220,000 after buying an additional 16,821 shares during the period. 11.47% of the stock is currently owned by institutional investors.
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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