TOYO (NASDAQ:TOYO – Get Free Report) posted its earnings results on Wednesday. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.07), Zacks reports.
TOYO Trading Down 3.7%
TOYO stock opened at $5.72 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.68 and a quick ratio of 0.31. The firm has a 50-day moving average of $7.16 and a 200-day moving average of $9.38. The company has a market cap of $216.04 million, a price-to-earnings ratio of 7.63 and a beta of 1.45. TOYO has a one year low of $4.41 and a one year high of $17.43.
Institutional Trading of TOYO
A hedge fund recently raised its position in TOYO stock. Renaissance Technologies LLC grew its position in TOYO Co., Ltd. (NASDAQ:TOYO – Free Report) by 17.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,250 shares of the company’s stock after acquiring an additional 4,250 shares during the period. Renaissance Technologies LLC owned about 0.07% of TOYO worth $166,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on TOYO
About TOYO
TOYO Co Ltd. engages in the design, manufacture, and sale of solar cells and modules. It is involved in integrating the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and potentially other stages of the solar power supply chain. The company was founded on November 8, 2022 and is headquartered in Tokyo, Japan.
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