Barclays PLC Has $447,000 Stock Holdings in Tuya Inc. (NYSE:TUYA)

Barclays PLC increased its stake in Tuya Inc. (NYSE:TUYA) by 3.6% during the third quarter, Holdings Channel.com reports. The fund owned 270,843 shares of the company’s stock after buying an additional 9,307 shares during the period. Barclays PLC’s holdings in Tuya were worth $447,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. XTX Topco Ltd bought a new position in Tuya during the 2nd quarter worth approximately $27,000. Centiva Capital LP bought a new position in Tuya during the third quarter worth $63,000. Paloma Partners Management Co acquired a new position in Tuya in the third quarter valued at $73,000. Quadrature Capital Ltd bought a new stake in Tuya during the third quarter valued at $92,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in Tuya during the 3rd quarter worth about $116,000. 11.47% of the stock is currently owned by institutional investors.

Tuya Stock Performance

TUYA stock opened at $1.74 on Friday. The firm has a market cap of $877.63 million, a PE ratio of -58.00 and a beta of 0.45. The stock has a 50-day moving average price of $1.70 and a 200-day moving average price of $1.62. Tuya Inc. has a 1-year low of $1.28 and a 1-year high of $2.32.

Tuya Profile

Tuya Inc offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.