How to Buy Tuya Stock
Tuya Inc
Tuya is a software infrastructure company located in China, which is part of the Technology sector, and is traded under the ticker TUYA on the NYSE exchange.
Tuya stock last closed at $2.50, down 8.42% from the previous day, and has increased 41.24% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.84 percentage points. Tuya stock is currently +95.31% from its 52-week low of $1.28, and -46% from its 52-week high of $4.63.
At the moment, there are 606.31M shares of TUYA outstanding. The market value of TUYA is $1.52B. In the last 24 hours, 1.35M TUYA shares were traded.
How to Buy Tuya Stock
Not sure how to invest in Tuya stock? Here's how.
- Choose where to buy Tuya stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Tuya stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your payment method and add your details.
- Evaluate Tuya stock: The Tuya ticker symbol is TUYA. Is Tuya stock a good investment? Should you buy shares of TUYA? How do TUYA's underlying business fundamentals look? Do top analysts think Tuya is a good buy? Why has TUYA's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if TUYA is a good stock to buy).
- Execute your TUYA purchase: Decide if you will purchase TUYA shares at the current market price or use a limit order to buy TUYA shares at a particular price.
- Keep tabs on your TUYA investment: Create a watchlist to important notifications about your investment in Tuya stock.
Step 1: Choose where to buy Tuya stock
You will need a brokerage account in order to access the NYSE market and buy TUYA shares.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to world markets: From Tech to Healthcare, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal information so you are able to buy TUYA stock today.
How to Start a New Investment 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 details to create a new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've filled out your info on the greatest app to buy stocks, you can securely and quickly fund your account:
Check out this video walkthrough if you need help transferring money into your new brokerage account.
Step 4: Evaluate Tuya stock
Once you have figured out the best place to buy Tuya stock, it's critical to research their stock before you buy, so you actually wrap your head around the risk as well as the upside.
Overview of key TUYA info
TUYA Overview
WallStreetZen was designed to help average investors do more accurate fundamental analysis.
You can see all of the due diligence checks on TUYA's stock page.
What is the fair value of TUYA stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TUYA's true value.
Using relative valuations ratios:
- TUYA may be overvalued based on its P/E ratio of 62.5x, relative to Software - Infrastructure industry P/E ratio of 34.26x
- TUYA may be undervalued based on its P/B ratio of 1.53x, relative to Software - Infrastructure industry P/B ratio of 11.94x
- TUYA could be overvalued based on its PEG ratio of 1.39x
You can access more valuation research on TUYA's stock here.
TUYA Financial Summary
Signs that TUYA is financially healthy:
- TUYA has a low debt to equity ratio of 0.13.
- TUYA profit margin has gone up from -17.5% to 6.3% in the past year.
- TUYA earnings of $21.78M is not enough to cover its interest payments.
- TUYA's operating cash flow of $75.21M allows it to safely service it's debt of $5.24M.
- There are more short-term assets than long-term liabilities on the TUYA balance sheet.
- There are more short-term assets than short-term liabilities on the TUYA balance sheet.
You can dig deeper into what analysts are forecasting on the Tuya stock forecast page.
TUYA Momentum
TUYA Growth Metrics
Last year, TUYA revenue was $311.64M. Over the past 4 year, TUYA's revenue has grown by 9.37% per year. This was slower than the Software - Infrastructure industry average of 17.21%.
You can research TUYA's earnings and revenue performance here.
What are TUYA insiders up to?
Over the last year, executives and large shareholders at TUYA have not bought or sold any shares.
Dig into more about who owns TUYA shares here.
Can I rely on TUYA as an income stream?
No, Tuya doesn't provide an income stream by paying out dividends.
What do other traders have to say about TUYA?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your TUYA purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open button and eToro will execute your order.
If you require additional info about buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your TUYA investment
Now that you own some shares in TUYA, you'll want to stay up-to-date on your shares.
Add TUYA to a watchlist to track the most important metrics related to your TUYA stock.
TUYA Feed
How to Buy Stock in Tuya
To summarize, here are the 6 steps for buying Tuya stock:
- Choose where to buy Tuya stock
- Sign up for a brokerage account
- Deposit money your investment account
- Evaluate Tuya stock
- Execute your TUYA purchase
- Keep tabs on your TUYA investment
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to watch your new investment in Tuya, create a watchlist today.
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