Tuya Inc ADR (NYSE: TUYA) has experienced a rise in its stock price by 2.50 compared to its previous closing price of 1.60. However, the company has seen a gain of 12.33% in its stock price over the last five trading days. prnewswire.com reported 2024-08-21 that NEW YORK, Aug. 21, 2024 /PRNewswire/ — Tuya Smart (NYSE: TUYA, HKEX: 2391), the leading global cloud platform service provider, has been selected for Gartner’s prestigious “Hype Cycle for Smart City and Sustainability in China, 2024” for the third consecutive year. This recognition highlights the maturity and potential of smart city and sustainable development technologies, as well as their significant market impact.
Is It Worth Investing in Tuya Inc ADR (NYSE: TUYA) Right Now?
Company’s 36-month beta value is 0.34.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for TUYA is 484.23M, and currently, short sellers hold a 0.19% ratio of that floaft. The average trading volume of TUYA on August 22, 2024 was 296.45K shares.
TUYA’s Market Performance
TUYA’s stock has seen a 12.33% increase for the week, with a 5.81% rise in the past month and a -15.46% fall in the past quarter. The volatility ratio for the week is 4.83%, and the volatility levels for the past 30 days are at 4.12% for Tuya Inc ADR The simple moving average for the past 20 days is 10.03% for TUYA’s stock, with a -10.39% simple moving average for the past 200 days.
Analysts’ Opinion of TUYA
Morgan Stanley gave a rating of “Equal-Weight” to TUYA, setting the target price at $7.20 in the report published on February 22nd of the previous year.
TUYA Trading at 2.42% from the 50-Day Moving Average
After a stumble in the market that brought TUYA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.40% of loss for the given period.
Volatility was left at 4.12%, however, over the last 30 days, the volatility rate increased by 4.83%, as shares surge +6.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.07% lower at present.
During the last 5 trading sessions, TUYA rose by +13.36%, which changed the moving average for the period of 200-days by -1.49% in comparison to the 20-day moving average, which settled at $1.4957. In addition, Tuya Inc ADR saw -28.70% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TUYA
Current profitability levels for the company are sitting at:
- -0.39 for the present operating margin
- 0.47 for the gross margin
The net margin for Tuya Inc ADR stands at -0.18. The total capital return value is set at -0.1. Equity return is now at value -4.41, with -4.04 for asset returns.
Based on Tuya Inc ADR (TUYA), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 9.89.
Currently, EBITDA for the company is -110.18 million with net debt to EBITDA at 5.56. When we switch over and look at the enterprise to sales, we see a ratio of 1.75. The receivables turnover for the company is 17.46for trailing twelve months and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.64.
Conclusion
In a nutshell, Tuya Inc ADR (TUYA) has experienced a mixed performance in recent times. The stock has received mixed “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.
