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 $1.64, up 0% from the previous day, and has decreased 14.14% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.27 percentage points. Tuya stock is currently +17.14% from its 52-week low of $1.40, and -34.4% from its 52-week high of $2.50.
At the moment, there are 555.47M shares of TUYA outstanding. The market value of TUYA is $910.96M. In the last 24 hours, 95,612 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.
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- 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.
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 undervalued based on its P/B ratio of 0.94x, relative to Software - Infrastructure industry P/B ratio of 11.9x
You can do additional valuation analysis on TUYA's stock here.
TUYA Financial Health
Signs that TUYA is financially healthy:
- There are more short-term assets than long-term liabilities on the TUYA balance sheet.
- TUYA has a low debt to equity ratio of 0.1.
- There are more short-term assets than short-term liabilities on the TUYA balance sheet.
- TUYA's operating cash flow of $36.44M allows it to safely service it's debt of $7.79M.
Signs that TUYA is not financially healthy:
- TUYA profit margin has gone up by 0.44 percentage points in the past year, but the company is still unprofitable.
- TUYA earnings of -$57.07M is not enough to cover its interest payments.
Do analysts think it's a good time to buy TUYA stock
Out of 1 Wall Street analysts who monitor TUYA, the consensus analyst rating on TUYA is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Tuya stock forecast page.
TUYA Momentum
TUYA Performance Metrics
Last year, TUYA revenue was $229.99M. Over the past four year, TUYA's revenue has increased by 21.43% per year. This was faster than the Software - Infrastructure industry average of 16.98%.
Find out more about TUYA's earnings and revenue performance here.
Who is buying/selling TUYA?
Over the last 12 months, insiders at TUYA have not bought or sold any shares.
Learn more about who owns TUYA stock here.
Can I rely on TUYA as an income stream?
No, Tuya doesn't provide an income stream by paying out dividends.
TUYA Social Trading Data
One of the primary reasons eToro is our top-rated 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
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.
Hit the Open button and eToro will place the order.
If you require additional assistance 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.
Start 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 you need to take to buy Tuya stock right now:
- 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 are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your new investment in Tuya, create your watchlist below.
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