TRSG currently public float of 1.32M.On May 02, 2024, TRSG’s average trading volume was 1.35M shares.
TRSG) stock’s latest price update
Tungray Technologies Inc (NASDAQ: TRSG)’s stock price has dropped by -10.61 in relation to previous closing price of 6.88. Nevertheless, the company has seen a loss of -10.87% in its stock price over the last five trading days. InvestorPlace reported 2024-04-22 that Tungray Technologies (NASDAQ: TRSG ) stock is heading higher on Monday as the manufacturing solutions company’s shares continue to rally after its initial public offering ( IPO ) on Friday. Tungray Technologies launched its IPO on Friday at a price of $4 per share for TRSG stock.
TRSG’s Market Performance
The simple moving average for the past 20 days is -9.15% for TRSG’s stock, with a -9.15% simple moving average for the past 200 days.
TRSG Trading at -9.15% from the 50-Day Moving Average
After a stumble in the market that brought TRSG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -47.79% of loss for the given period.
During the last 5 trading sessions, TRSG fell by -10.87%, in comparison to the 20-day moving average. In addition, Tungray Technologies Inc saw 3.36% in overturn over a single year, with a tendency to cut further gains.
Conclusion
To wrap up, the performance of Tungray Technologies Inc (TRSG) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
