How to Buy Tungray Technologies Stock
Tungray Technologies Inc
Tungray Technologies is a metal fabrication company located in Singapore, which is part of the Industrials sector, and is traded under the ticker TRSG on the NASDAQ exchange.
Tungray Technologies stock last closed at $1.72, down 8.99% from the previous day, and has decreased 75% in one year. It has underperformed other stocks in the Metal Fabrication industry by 1.01 percentage points. Tungray Technologies stock is currently +72% from its 52-week low of $1.00, and -75.28% from its 52-week high of $6.96.
At the moment, there are 15.54M shares of TRSG outstanding. The market cap of TRSG is $26.73M. In the past 24 hours, 44,600 TRSG shares were traded.
How to Buy Tungray Technologies Stock
Not sure how to invest in Tungray Technologies stock? Here's how.
- Choose where to buy Tungray Technologies stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Tungray Technologies stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Analyze Tungray Technologies stock: The Tungray Technologies ticker symbol is TRSG. Is Tungray Technologies stock a good investment? Should you buy shares of TRSG? How do TRSG's underlying business fundamentals look? Do top analysts think Tungray Technologies is a good buy? Why has TRSG's stock price moved recently? (Hint: Our stock market research website can help you evaluate if TRSG is a good stock to buy).
- Make your TRSG purchase: Decide if you will purchase TRSG shares at the current market price or use a limit order to buy TRSG shares at a particular price.
- Watch your TRSG position: Create a watchlist to important updates regarding your position in Tungray Technologies stock.
Step 1: Choose where to buy Tungray Technologies stock
You will need a brokerage account to access the NASDAQ market and buy TRSG stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal info so you can buy TRSG today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create a new trading account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on stock apps to use, you need to deposit funds:
Check out the tutorial below if you need help transferring funds into your new investment account.
Step 4: Analyze Tungray Technologies stock
Once you have chosen the best place to buy Tungray Technologies stock, it's crucial to research their stock before you invest, so you truly understand the risk as well as the opportunity.
Tungray Technologies Metrics
TRSG Fundamentals
WallStreetZen was designed to help average investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on TRSG's stock page.
Is TRSG stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge TRSG's true value.
Using relative valuations ratios:
- TRSG may be undervalued based on its P/B ratio of 1.55x, relative to Metal Fabrication industry P/B ratio of 3.43x
You can do additional valuation research on TRSG's stock here.
TRSG Financial Health Overview
Signs that TRSG is financially healthy:
- There are more short-term assets than short-term liabilities on the TRSG balance sheet.
- There are more short-term assets than long-term liabilities on the TRSG balance sheet.
Signs that TRSG is not financially healthy:
- TRSG has a relatively high debt to equity ratio of 0.64.
- TRSG profit margin has gone down from 10.5% to -1% in the past year.
TRSG Trading Indicators
TRSG Growth Numbers
Last year, TRSG earnings were -$145.14k. In the last two year, TRSG's earnings have gone up by -100% per year. This was slower than the Metal Fabrication industry average of 15.28%.
Last year, TRSG revenue was $14.44M. In the past two year, TRSG's revenue has grown by -12.42% per year. This was slower than the Metal Fabrication industry average of 3.35%.
Learn more about TRSG's earnings and revenue performance here.
Are TRSG executives and large shareholders buying or selling the stock?
In the last 12 months, executives and large shareholders at TRSG have not bought or sold any shares.
Dig into more about who owns TRSG stock here.
Does TRSG provide a stable income stream?
No, Tungray Technologies doesn't provide an income stream by paying out dividends.
TRSG Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your TRSG purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.
Click the Open button and your broker will execute the order.
If you need more help with buying stocks on eToro, click the how to video below:
Step 6: Watch your TRSG position
Now that you own some TRSG stock, you'll want to stay up-to-date on your stock purchase.
Create a watchlist to get notified of the latest news about your TRSG stock.
TRSG Feed
How to Buy Stock in Tungray Technologies
To reiterate, here are the 6 steps to buy Tungray Technologies stock:
- Choose where to buy Tungray Technologies stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Analyze Tungray Technologies stock
- Make your TRSG purchase
- Watch your TRSG position
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Tungray Technologies, create your watchlist below.
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