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NASDAQ:TRSG

Tungray Technologies (TRSG) Stock Price, News & Analysis

$2.59
+0.09 (+3.60%)
(As of 10/8/2024 ET)

About Tungray Technologies Stock (NASDAQ:TRSG)

Key Stats

Today's Range
$2.40
$2.67
50-Day Range
$2.46
$3.14
52-Week Range
$2.06
$11.78
Volume
26,099 shs
Average Volume
104,510 shs
Market Capitalization
$42.09 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Tungray Technologies Inc., through its subsidiaries, provides tooling and customized industrial manufacturing solutions in China and Singapore. It offers customized industrial test and tooling solutions; welding equipment manufacturing; and direct drive and linear direct current motors. The company also designs, develops, and manufactures non- standard equipment, such as automated assembly equipment, precision testing equipment, tooling fixtures, etc., as well as induction brazing and hardening equipment, and tooling fixtures; researches, develops, and sells intelligent robots and storage equipment; and installs industrial machinery and equipment, and mechanical engineering works. It provides its services to original equipment manufacturers in the industry sectors of semiconductors, printers, electronics, and home appliances. The company was incorporated in 2022 and is headquartered in Singapore. Tungray Technologies Inc. operates as a subsidiary of Pegasus Automation Limited.

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TRSG Stock News Headlines

War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Tungray Technologies Inc. (TRSG)
Tungray Technologies Inc (TRSG)
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TRSG Stock Analysis - Frequently Asked Questions

Tungray Technologies' stock was trading at $5.95 on January 1st, 2024. Since then, TRSG shares have decreased by 56.5% and is now trading at $2.59.
View the best growth stocks for 2024 here
.

Tungray Technologies (TRSG) raised $5 million in an IPO on Friday, April 19th 2024. The company issued 1,300,000 shares at $4.00 per share. US Tiger Securities served as the underwriter for the IPO.

Tungray Technologies' lock-up period expires on Wednesday, October 16th. Tungray Technologies had issued 1,250,000 shares in its public offering on April 19th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. After the expiration of Tungray Technologies' lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Shares of TRSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Industry, Sector and Symbol

Industry
Metal Fabrication
Sub-Industry
Machinery
Current Symbol
NASDAQ:TRSG
Previous Symbol
NASDAQ:TRSG
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$14.36 million

Miscellaneous

Free Float
N/A
Market Cap
$42.09 million
Optionable
N/A
Beta
N/A
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This page (NASDAQ:TRSG) was last updated on 10/8/2024 by MarketBeat.com Staff
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