TOYO Co., Ltd (NASDAQ:TOYO - Get Free Report) shares dropped 3.9% on Tuesday . The company traded as low as $2.81 and last traded at $2.73. Approximately 12,228 shares traded hands during trading, a decline of 98% from the average daily volume of 625,790 shares. The stock had previously closed at $2.84.
TOYO Trading Up 3.6 %
The stock's fifty day moving average is $2.87 and its two-hundred day moving average is $3.08.
Hedge Funds Weigh In On TOYO
A hedge fund recently bought a new stake in TOYO stock. Virtu Financial LLC bought a new position in shares of TOYO Co., Ltd (NASDAQ:TOYO - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 16,613 shares of the company's stock, valued at approximately $56,000. 84.61% of the stock is owned by institutional investors and hedge funds.
About TOYO
(
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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.
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