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NASDAQ:TRSG

Tungray Technologies (TRSG) Stock Price, News & Analysis

Tungray Technologies logo
$2.40
+0.05 (+2.13%)
(As of 11/4/2024 ET)

About Tungray Technologies Stock (NASDAQ:TRSG)

Key Stats

Today's Range
$2.40
$2.61
50-Day Range
$2.22
$2.93
52-Week Range
$2.06
$11.78
Volume
6,645 shs
Average Volume
92,470 shs
Market Capitalization
$39 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

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.

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TRSG Stock News Headlines

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Tungray Technologies Inc. (TRSG)
Tungray Technologies Inc (TRSG)
Tungray Technologies Inc - Ordinary Shares - Class A
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TRSG Stock Analysis - Frequently Asked Questions

Tungray Technologies' stock was trading at $5.95 at the beginning of the year. Since then, TRSG stock has decreased by 59.7% and is now trading at $2.40.
View the best growth stocks for 2024 here
.

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

Tungray Technologies' lock-up period expired on Wednesday, October 16th. Tungray Technologies had issued 1,250,000 shares in its initial public offering on April 19th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. Since the expiration of Tungray Technologies' lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

Tungray Technologies' top institutional shareholders include PFG Investments LLC (0.42%).

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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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

Industry
Metal Fabrication
Sub-Industry
Machinery
Current Symbol
NASDAQ:TRSG
Previous Symbol
NASDAQ:TRSG
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$14.36 million

Miscellaneous

Free Float
N/A
Market Cap
$39.81 million
Optionable
N/A
Beta
N/A
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This page (NASDAQ:TRSG) was last updated on 11/4/2024 by MarketBeat.com Staff
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