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NYSE:TUYA

Tuya (TUYA) Stock Price, News & Analysis

Tuya logo
$1.55 -0.06 (-3.73%)
(As of 11/22/2024 ET)

About Tuya Stock (NYSE:TUYA)

Key Stats

Today's Range
$1.52
$1.61
50-Day Range
$1.30
$1.84
52-Week Range
$1.28
$2.50
Volume
624,512 shs
Average Volume
752,509 shs
Market Capitalization
$781.80 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.70
Consensus Rating
Buy

Company Overview

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. It also offers cloud-based software value-added services that provides end users with smart features, such as cloud storage; and Cube Smart Private Cloud Solution which enables conglomerates to build their own autonomous and controllable IoT platforms; and could-based services to businesses, developers, and end users to develop and manage IoT experiences. In addition, the company provides smart solutions for IoT devices that integrates software capabilities; and enables developers to activate an IoT ecosystem of brands, OEMs, partners, and end users to engage and communicate through a range of smart devices, as well as sells finished smart devices. It offers its solutions to smart home, smart business, renewable energy, education, agriculture, outdoors and sport, and entertainment industries. The company was incorporated in 2014 and is based in Hangzhou, the People's Republic of China.

Tuya Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
48th Percentile Overall Score

TUYA MarketRank™: 

Tuya scored higher than 48% of companies evaluated by MarketBeat, and ranked 422nd out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Tuya has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Tuya has received no research coverage in the past 90 days.

  • Read more about Tuya's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tuya is -51.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Tuya is -51.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Tuya has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.12% of the float of Tuya has been sold short.
  • Short Interest Ratio / Days to Cover

    Tuya has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tuya has recently decreased by 3.67%, indicating that investor sentiment is improving.
  • Dividend Yield

    Tuya does not currently pay a dividend.

  • Dividend Growth

    Tuya does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.12% of the float of Tuya has been sold short.
  • Short Interest Ratio / Days to Cover

    Tuya has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tuya has recently decreased by 3.67%, indicating that investor sentiment is improving.
  • News Sentiment

    Tuya has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for Tuya this week, compared to 6 articles on an average week.
  • Search Interest

    Only 2 people have searched for TUYA on MarketBeat in the last 30 days. This is a decrease of -82% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Tuya insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.10% of the stock of Tuya is held by insiders.

  • Percentage Held by Institutions

    Only 11.47% of the stock of Tuya is held by institutions.

  • Read more about Tuya's insider trading history.
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TUYA Stock News Headlines

⭕ [URGENT] Buy Alert just triggered
My absolute favorite stock just hit a critical "buy now" trigger price.
Tuya Inc. Reports Strong Q3 2024 Revenue Growth
Reviewing Tuya (NYSE:TUYA) and AvePoint (NASDAQ:AVPT)
Tuya Remains Speculative, But There Is Trading Upside
Tuya Inc. (TUYA) Q3 2024 Earnings Call Transcript
Tuya Inc. Sees Strong Revenue Growth in Q3 2024
See More Headlines

TUYA Stock Analysis - Frequently Asked Questions

Tuya's stock was trading at $2.30 at the beginning of the year. Since then, TUYA stock has decreased by 32.6% and is now trading at $1.55.
View the best growth stocks for 2024 here
.

Tuya Inc. (NYSE:TUYA) issued its earnings results on Monday, August, 26th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.02. The company earned $73.28 million during the quarter, compared to analyst estimates of $69.36 million. Tuya had a negative net margin of 5.55% and a negative trailing twelve-month return on equity of 0.58%.

Tuya (TUYA) raised $807 million in an initial public offering on Thursday, March 18th 2021. The company issued 43,600,000 shares at a price of $17.00-$20.00 per share. Morgan Stanley, BofA Securities and CICC served as the underwriters for the IPO and Tiger Brokers and CMBI were co-managers.

Top institutional investors of Tuya include State Street Corp (0.26%), Pinpoint Asset Management Ltd (0.19%), Jane Street Group LLC (0.14%) and Connor Clark & Lunn Investment Management Ltd. (0.13%).

Shares of TUYA 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.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Tuya investors own include Waste Connections (WCN), American Water Works (AWK), The RMR Group (RMR), AUO (AUOTY), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
8/26/2024
Ex-Dividend for 10/15 Dividend
9/11/2024
Dividend Payable
10/15/2024
Today
11/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Fax
N/A
Employees
1,465
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.70
High Stock Price Target
$2.70
Low Stock Price Target
$2.70
Potential Upside/Downside
+74.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-60,310,000.00
Pretax Margin
-4.58%

Debt

Sales & Book Value

Annual Sales
$229.99 million
Book Value
$1.96 per share

Miscellaneous

Free Float
493,795,000
Market Cap
$779.28 million
Optionable
Optionable
Beta
0.37
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This page (NYSE:TUYA) was last updated on 11/23/2024 by MarketBeat.com Staff
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