Tuya Inc. (NYSE:TUYA – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 2,192,422 shares changed hands during trading, a decline of 26% from the previous session’s volume of 2,969,400 shares.The stock last traded at $3.00 and had previously closed at $2.98.
Tuya Stock Up 0.5 %
The firm has a 50-day moving average of $2.17 and a two-hundred day moving average of $1.79. The company has a market capitalization of $1.60 billion, a PE ratio of -99.83 and a beta of 0.48.
Institutional Trading of Tuya
Several institutional investors have recently bought and sold shares of the business. Boothbay Fund Management LLC grew its holdings in Tuya by 46.0% in the fourth quarter. Boothbay Fund Management LLC now owns 20,000 shares of the company’s stock valued at $36,000 after purchasing an additional 6,300 shares during the period. Barclays PLC grew its holdings in Tuya by 3.6% in the third quarter. Barclays PLC now owns 270,843 shares of the company’s stock valued at $447,000 after purchasing an additional 9,307 shares during the period. Sei Investments Co. grew its holdings in Tuya by 37.5% in the fourth quarter. Sei Investments Co. now owns 58,726 shares of the company’s stock valued at $105,000 after purchasing an additional 16,010 shares during the period. Catalina Capital Group LLC acquired a new stake in Tuya in the fourth quarter valued at approximately $29,000. Finally, Geode Capital Management LLC grew its holdings in Tuya by 14.5% in the third quarter. Geode Capital Management LLC now owns 133,150 shares of the company’s stock valued at $220,000 after purchasing an additional 16,821 shares during the period. 11.47% of the stock is owned by institutional investors and hedge funds.
About Tuya
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.
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