How to Buy Tungray Technologies Stock
Tungray Technologies Inc
Tungray Technologies Inc. , an engineer-to-order company, through its subsidiaries, provides customized industrial manufacturing solutions in China and Singapore.
Tungray Technologies stock last closed at $1.82, up 1.39% from the previous day, and has decreased 53.81% in one year. It has underperformed other stocks in the Metal Fabrication industry by 1.01 percentage points. Tungray Technologies stock is currently +82% from its 52-week low of $1.00, and -60.18% from its 52-week high of $4.57.
There are currently 16.35M TRSG shares outstanding. The market capitalization of TRSG is $29.76M. In the past 24 hours, 1400 TRSG shares were traded.
How to Buy Tungray Technologies Stock
Wondering how to invest in Tungray Technologies stock? Here's how.
- Choose where to buy Tungray Technologies stock: You need to decide on 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 found.
- Put funds into your brokerage account: Pick your method of payment 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 analysis tools can help you understand 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 keep tabs on your position in Tungray Technologies stock.
Step 1: Choose where to buy Tungray Technologies stock
You 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 selected the best brokerage, it's time to fill out some personal information so you can buy TRSG stock today.
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- 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.
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Step 3: Put funds into your brokerage account
Now that you've finished signing up on the best stock broker app, you need to deposit funds:
Check out the video below for more details transferring money into your new brokerage account.
Step 4: Analyze Tungray Technologies stock
Once you have figured out the best place to buy Tungray Technologies stock, it's important to analyze their stock before you invest, so you truly comprehend the risk and opportunity.
Tungray Technologies Metrics
TRSG Fundamentals
WallStreetZen was created to help part-time investors do better fundamental analysis.
You can view all of the due diligence checks on TRSG's stock page.
Is TRSG stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge TRSG's true value.
Using relative valuations measures:
- TRSG could be undervalued based on its P/B ratio of 1.71x, relative to Metal Fabrication industry P/B ratio of 4.03x
You can do more valuation research on TRSG's stock here.
TRSG Financial Health Summary
Signs that TRSG is financially healthy:
- There are more short-term assets than long-term liabilities on the TRSG balance sheet.
- TRSG has $9.47M in cash and short term investments. This is sufficient to cover its annual cash burn of $3.28M.
- There are more short-term assets than short-term liabilities on the TRSG balance sheet.
- TRSG has cash burn of 3278822. It has sufficient cash and short-term investments to cover this for at least one year.
Signs that TRSG is not financially healthy:
- TRSG has a relatively high debt to equity ratio of 0.73.
- TRSG profit margin has gone down from 6% to -3.7% in the past year.
TRSG Trading Indicators
TRSG Growth Numbers
Last year, TRSG revenue was $12.81M. In the past four year, TRSG's revenue has grown by 7.74% per year. This was slower than the Metal Fabrication industry average of 11.2%.
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.
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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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