The trading price of Tuya Inc ADR (NYSE:TUYA) closed higher on Tuesday, March 04, and closing at $3.27, 1.55% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 398.78. In examining the 52-week price action we see that the stock hit a 52-week high of $4.63 and a 52-week low of $1.28. Over the past month, the stock has gained 31.85% in value.
Tuya Inc ADR, whose market valuation is $1.72 billion at the time of this writing, is expected to release its quarterly earnings report in April. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest TUYA has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned TUYA a recommendation rating is 1. Out of them, 0 rate it a Hold, while 1 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Tuya Inc ADR (TUYA) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 42.65, which symbolizes a positive outlook. A quick review shows that TUYA’s price is currently -1.74% off the SMA20 and 30.86% off the SMA50. The RSI metric on the 14-day chart is currently showing 54.22, and weekly volatility stands at 11.15%. When measured over the past 30 days, the indicator reaches 12.73%. Tuya Inc ADR (NYSE:TUYA)’s beta value is currently sitting at 0.39, while the Average True Range indicator is currently displaying 0.37. With analysts defining $3.5-$3.5 as the low and high price targets, we arrive at a consensus price target of $3.5 for the trailing 12-month period. The current price is about -7.03% off the estimated low and -7.03% off the forecast high, based on this estimate. Investors will be thrilled if TUYA’s share price rises to $3.5, which is the median consensus price. At that level, TUYA’s share price would be -7.03% below current price.
To see how Tuya Inc ADR stock has been performing in comparison to its peers in the industry, here are the numbers: TUYA stock’s performance was 1.55% in the latest trading, and 73.39% in the past year. Another comparable company Amazon.com Inc. (AMZN) saw its stock close -0.60%% lower in the most recent trading session but was up 17.05% in a year. Tuya Inc ADR has a P/E ratio of 398.78, compared to Microsoft Corp.’s 31.30 and Amazon.com Inc.’s 36.91.
An evaluation of the daily trading volume of Tuya Inc ADR (NYSE:TUYA) indicates that the 3-month average is 3.29 million.
Currently, records show that 524.78 million of the company’s shares remain outstanding. The insiders hold 13.96% of outstanding shares, whereas institutions hold 6.51%. However, since the stock’s price has seen 82.68% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
