Tuya Inc ADR (TUYA) is expecting 27.44% growth in the next quarter: What can investors do to maximize their returns?

Tuya Inc ADR (NYSE: TUYA) on Tuesday, soared 5.17% from the previous trading day, before settling in for the closing price of $1.74. Within the past 52 weeks, TUYA’s price has moved between $1.28 and $2.39.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 29.34%. The company achieved an average annual earnings per share of 127.78%. With a float of $486.49 million, this company’s outstanding shares have now reached $489.65 million.

Considering the fact that the conglomerate employs 1465 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 47.21%, operating margin of -25.96%, and the pretax margin is -4.58%.

Tuya Inc ADR (TUYA) Insider Activity

Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of Tuya Inc ADR is 0.65%, while institutional ownership is 5.66%.

Tuya Inc ADR (TUYA) Earnings and Forecasts

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.02 earnings per share (EPS) for the period topping the consensus outlook (set at 0.02) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 127.78% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.30% during the next five years compared to 4.71% growth over the previous five years of trading.

Tuya Inc ADR (NYSE: TUYA) Trading Performance Indicators

Tuya Inc ADR (TUYA) is currently performing well based on its current performance indicators. A quick ratio of 6.91 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.19.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.08 in one year’s time.

Technical Analysis of Tuya Inc ADR (TUYA)

Compared to the last year’s volume of 0.54 million, its volume of 1.08 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 85.76%. Additionally, its Average True Range was 0.09.

During the past 100 days, Tuya Inc ADR’s (TUYA) raw stochastic average was set at 79.71%, which indicates a significant decrease from 97.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.16% in the past 14 days, which was higher than the 61.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.6220, while its 200-day Moving Average is $1.6864. Nevertheless, the first resistance level for the watch stands at $1.8650 in the near term. At $1.9000, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.9700. If the price goes on to break the first support level at $1.7600, it is likely to go to the next support level at $1.6900. Should the price break the second support level, the third support level stands at $1.6550.

Tuya Inc ADR (NYSE: TUYA) Key Stats

Market capitalization of the company is 896.06 million based on 504,387K outstanding shares. Right now, sales total 229,990 K and income totals -60,320 K. The company made 81,620 K in profit during its latest quarter, and -4,370 K in sales during its previous quarter.