Tuya Inc ADR [NYSE: TUYA] price surged by 20.16 percent to reach at $0.5.
The one-year TUYA stock forecast points to a potential upside of 1.32. The average equity rating for TUYA stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Tuya Inc ADR [TUYA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TUYA shares is $3.02 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TUYA stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Tuya Inc ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 08, 2024. The new note on the price target was released on November 29, 2023, representing the official price target for Tuya Inc ADR stock. Previously, the target price had yet another drop from $9.20 to $7.20, while Morgan Stanley kept a Equal-Weight rating on TUYA stock. On May 14, 2021, analysts decreased their price target for TUYA shares from 25 to 22.
The Average True Range (ATR) for Tuya Inc ADR is set at 0.15, with the Price to Sales ratio for TUYA stock in the period of the last 12 months amounting to 5.19. The Price to Book ratio for the last quarter was 1.69, with the Price to Cash per share for the same quarter was set at 1.66.
TUYA Stock Performance Analysis:
Tuya Inc ADR [TUYA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 24.17. With this latest performance, TUYA shares gained by 71.26% in over the last four-week period, additionally plugging by 108.92% over the last 6 months – not to mention a rise of 70.10% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TUYA stock in for the last two-week period is set at 88.13, with the RSI for the last a single of trading hit 92.29, and the three-weeks RSI is set at 83.75 for Tuya Inc ADR [TUYA]. The present Moving Average for the last 50 days of trading for this stock 1.89, while it was recorded at 2.58 for the last single week of trading, and 1.71 for the last 200 days.
Insight into Tuya Inc ADR Fundamentals:
Tuya Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.91 and a Current Ratio set at 7.14.
Tuya Inc ADR [TUYA] Institutonal Ownership Details
The top three institutional holders of TUYA stocks are: VANGUARD GROUP INC with ownership of 8.36 million shares, which is approximately 1.4947%. CARMIGNAC GESTION, holding 6.04 million shares of the stock with an approximate value of $$10.33 million in TUYA stocks shares; and CARMIGNAC GESTION, currently with $$8.19 million in TUYA stock with ownership which is approximately 0.8564%.
