Tungray Technologies (TRSG) Stock Price, News & Analysis

Company Overview

Tungray Technologies Inc., through its subsidiaries, provides tooling and customized industrial manufacturing solutions in China and Singapore. It offers customized industrial test and tooling solutions; welding equipment manufacturing; and direct drive and linear direct current motors. The company also designs, develops, and manufactures non- standard equipment, such as automated assembly equipment, precision testing equipment, tooling fixtures, etc., as well as induction brazing and hardening equipment, and tooling fixtures; researches, develops, and sells intelligent robots and storage equipment; and installs industrial machinery and equipment, and mechanical engineering works. It provides its services to original equipment manufacturers in the industry sectors of semiconductors, printers, electronics, and home appliances. The company was incorporated in 2022 and is headquartered in Singapore. Tungray Technologies Inc. operates as a subsidiary of Pegasus Automation Limited.

Key Stats

• Today's Range: $2.25 to $2.35
• 50-Day Range: $2.15 to $2.78
• 52-Week Range: $2.06 to $11.78
• Volume: 2,242 shs
• Average Volume: 84,502 shs
• Market Capitalization: $38.19 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

TRSG Stock Analysis - Frequently Asked Questions

How have TRSG shares performed this year?

Tungray Technologies' stock was trading at $5.95 at the beginning of the year. Since then, TRSG shares have decreased by 60.5% and is now trading at $2.35.
View the best growth stocks for 2024 here.

When did Tungray Technologies IPO?

Tungray Technologies (TRSG) raised $5 million in an initial public offering on Friday, April 19th 2024. The company issued 1,300,000 shares at $4.00 per share. US Tiger Securities acted as the underwriter for the IPO.

When did Tungray Technologies' lock-up period expire?

Tungray Technologies' lock-up period expired on Wednesday, October 16th. Tungray Technologies had issued 1,250,000 shares in its IPO on April 19th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the expiration of the lock-up period.

Who are Tungray Technologies' major shareholders?

Top institutional shareholders of Tungray Technologies include PFG Investments LLC (0.42%).

How do I buy shares of Tungray Technologies?

Shares of TRSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Tungray Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tungray Technologies investors own include Arch Capital Group (ACGL), Adobe (ADBE), Analog Devices (ADI), Alnylam Pharmaceuticals (ALNY), Amgen (AMGN), AstraZeneca (AZN) and Baidu (BIDU).

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Metal Fabrication
• Sub-Industry: Machinery
• Current Symbol: NASDAQ:TRSG
• Previous Symbol: NASDAQ:TRSG
• CUSIP: N/A
• CIK: 1943444
• Web: www.tungray.tech
• Phone: 65-6636-9820
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $14.36 million
• Price / Sales: 2.66
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 16,250,000
• Free Float: N/A
• Market Cap: $38.19 million
• Optionable: N/A
• Beta: N/A