Tuya Inc. (NYSE:TUYA) price on Wednesday, August 25, fall -5.92% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $10.49.
A look at the stock’s price movement, the close in the last trading session was $11.15, moving within a range at $10.45 and $11.15. Turning to its 52-week performance, $27.65 and $9.72 were the 52-week high and 52-week low respectively. Overall, TUYA moved -45.76% over the past month.
Tuya Inc.’s market cap currently stands at around $5.91 billion, with investors looking forward to this quarter’s earnings report slated for Aug 18, 2021. Analysts project the company’s earnings per share (EPS) to be -$0.04, which has seen fiscal year 2021 EPS growth forecast to increase to -$0.17 and about -$0.19 for fiscal year 2022.
Analysts have a consensus estimate of $78.04 million for the company’s revenue for the quarter, with a low and high estimate of $78.04 million and $78.04 million respectively.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s).
TUYA’s current price about -38.22% and -46.55% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 24.94, while 7-day volatility ratio is 11.50% and 8.45% in the 30-day chart. Further, Tuya Inc. (TUYA) has a beta value of 0, and an average true range (ATR) of 1.45.
In the market, a comparison of Tuya Inc. (TUYA) and its peers suggest the former has performed considerably weaker. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are up 0.22% and 0.11% respectively in the last trading.
If we refocus on Tuya Inc. (NYSE:TUYA), historical trading data shows that trading volumes averaged 1.21 million over the past 3 months. The company’s latest data on shares outstanding shows there are 560.94 million shares.
The institutional holders own 11.60% of the company’s shares. Current price change has pushed the stock -58.04% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TUYA stock continues to rise going into the next quarter.