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 $1.43, down 0.69% from the previous day, and has decreased 38.63% in one year. It has underperformed other stocks in the Metal Fabrication industry by 0.68 percentage points. Tungray Technologies stock is currently +43% from its 52-week low of $1.00, and -58.55% from its 52-week high of $3.45.
At the moment, there are 16.35M shares of TRSG outstanding. The market cap of TRSG is $23.39M. In the past 24 hours, 3300 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.
Our favorite brokerage: eToro
Based on our research, eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world financial markets: From Tech to Utilities, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by creating an account with eToro now. This offer is only for US users.
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 overvalued based on its P/E ratio of 28.6x, relative to Metal Fabrication industry P/E ratio of 27.78x
- TRSG may be undervalued based on its P/B ratio of 1.24x, relative to Metal Fabrication industry P/B ratio of 4.57x
You can access more valuation research on TRSG's stock here.
A look at TRSG Cashflows and Balance Sheet
Signs that TRSG is financially healthy:
- There are more short-term assets than long-term liabilities on the TRSG balance sheet.
- There are more short-term assets than short-term liabilities on the TRSG balance sheet.
- TRSG profit margin has gone up from -1.1% to 6% in the past year.
Signs that TRSG is not financially healthy:
- TRSG has a relatively high debt to equity ratio of 0.54.
TRSG Momentum
Is TRSG Making Money?
Last year, TRSG earnings were $884.13k. During the last three year, TRSG's earnings have grown by -93.89% per year. This was slower than the Metal Fabrication industry average of 57.64%.
Last year, TRSG revenue was $14.82M. Over the last 3 year, TRSG's revenue has grown by -59.7% per year. This was slower than the Metal Fabrication industry average of 14.98%.
You can analyze TRSG's earnings and revenue performance here.
Are TRSG insiders buying or selling the stock?
Over the past year, executives and large shareholders at TRSG have not bought or sold any shares.
Research more about who owns TRSG stock here.
Can I get consistent income from TRSG stock?
No, Tungray Technologies doesn't provide an income stream by paying out dividends.
What do other traders have to say about TRSG?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your TRSG purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.
Hit the Open Trade button and your broker will place your order.
If you need additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Watch your TRSG position
Now that you own some shares in TRSG, you'll want to keep up with your new investment.
Add TRSG to a watchlist to monitor your TRSG stock.
TRSG Feed
How to Buy Stock in Tungray Technologies
To summarize, 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 are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to monitor your new investment in Tungray Technologies, click the button below.
Related Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.