Tungray Technologies Inc. (NASDAQ:TRSG – Get Free Report) shares traded down 6.3% during mid-day trading on Tuesday. The stock traded as low as $1.10 and last traded at $1.1550. 1,292 shares were traded during trading, a decline of 6% from the average session volume of 1,373 shares. The stock had previously closed at $1.2328.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Tungray Technologies in a research report on Thursday, October 22nd. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Tungray Technologies has an average rating of “Sell”.
Check Out Our Latest Research Report on TRSG
Tungray Technologies Stock Down 4.9%
The firm’s 50-day moving average price is $1.24 and its 200 day moving average price is $1.30.
About Tungray Technologies
Tungray Technologies Limited is a Singapore-based provider of customized manufacturing solutions for industrial customers. The company designs and produces specialized equipment, machinery, and precision components used in manufacturing and production processes. Its offerings include industrial automation systems, semiconductor-related equipment, precision tooling, and other engineered products tailored to customer specifications. Tungray also provides related engineering, assembly, and technical support services intended to help customers improve production efficiency and manufacturing capabilities.
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