At the time of writing, Tuya Inc ADR [TUYA] stock is trading at $2.18, up 9.55%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TUYA shares have gain 5.83% over the last week, with a monthly amount drifted -37.71%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Tuya Inc ADR [NYSE: TUYA] stock has seen the most recent analyst activity on January 08, 2024, when Goldman upgraded its rating to a Buy. Previously, Morgan Stanley upgraded its rating to Overweight on November 29, 2023. On February 22, 2022, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $7.20 on the stock. BofA Securities upgraded its rating to a Buy and decreased its price target to $22 on May 14, 2021. BofA Securities initiated its recommendation with a Neutral and recommended $25 as its price target on April 13, 2021. Morgan Stanley started tracking with a Overweight rating for this stock on April 12, 2021, and assigned it a price target of $26.
For the past year, the stock price of Tuya Inc ADR fluctuated between $1.28 and $4.63. Currently, Wall Street analysts expect the stock to reach $3.5 within the next 12 months. Tuya Inc ADR [NYSE: TUYA] shares were valued at $2.18 at the most recent close of the market. An investor can expect a potential return of 60.55% based on the average TUYA price forecast.
Analyzing the TUYA fundamentals
According to Tuya Inc ADR [NYSE:TUYA], the company’s sales were 298.62M for trailing twelve months, which represents an 27.40% jump. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at -0.23%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is -0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.0600 points at the first support level, and at 1.9400 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.3200, and for the 2nd resistance point, it is at 2.4600.
Ratios To Look Out For
It is important to note that Tuya Inc ADR [NYSE:TUYA] has a current ratio of 9.57. Also, the Quick Ratio is 9.32, while the Cash Ratio stands at 6.93. Considering the valuation of this stock, the price to sales ratio is 3.83, the price to book ratio is 1.23 and price to earnings (TTM) ratio is 265.85.
