Tungray Technologies Class Stock Today
| TRSG Stock | 2.35 0.19 8.80% |
Performance0 of 100
| Odds Of DistressLess than 6
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Tungray Technologies is trading at 2.35 as of the 25th of November 2024. This is a 8.80 percent up since the beginning of the trading day. The stock's lowest day price was 2.25. Tungray Technologies has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Tungray Technologies Class are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 19th of April 2024 | Category Industrials | Classification Information Technology |
Tungray Technologies is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 11.79 M outstanding shares of which 8.49 K shares are at this time shorted by private and institutional investors with about 0.49 trading days to cover. More on Tungray Technologies Class
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Tungray Stock Highlights
| Chairman CEO | Wanjun Yao | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Information Technology, Electronic Equipment, Instruments & Components, Oil & Gas Equipment & Services, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Tungray Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tungray Technologies' financial leverage. It provides some insight into what part of Tungray Technologies' total assets is financed by creditors.
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Tungray Technologies Class (TRSG) is traded on NASDAQ Exchange in USA. It is located in Innovation Place Tower 4, Singapore, Singapore, 729933 and employs 5 people. Tungray Technologies is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 43.55 M. Tungray Technologies conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 11.79 M outstanding shares of which 8.49 K shares are at this time shorted by private and institutional investors with about 0.49 trading days to cover.
Tungray Technologies generates positive cash flow from operations, but has no cash available
Check Tungray Technologies Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Tungray Technologies is USD43.55 Million. Tungray Technologies has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 79.19 % of Tungray Technologies outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Tungray Ownership Details
Tungray Technologies Historical Income Statement
Tungray Stock Against Markets
Tungray Technologies Corporate Management
| Yuan Gong | Chief Officer | Profile | |
| Wee Lee | Chief Officer | Profile | |
| Lei Yao | Chief Officer | Profile | |
| Hangyu Qian | Chief Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tungray Technologies Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tungray Technologies. If investors know Tungray will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tungray Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.48) | Earnings Share 0.07 | Revenue Per Share 0.958 | Quarterly Revenue Growth 0.147 | Return On Assets 0.0267 |
The market value of Tungray Technologies is measured differently than its book value, which is the value of Tungray that is recorded on the company's balance sheet. Investors also form their own opinion of Tungray Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tungray Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tungray Technologies' market value can be influenced by many factors that don't directly affect Tungray Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tungray Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tungray Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tungray Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.