TOYO (NASDAQ:TOYO) Stock Price Down 3.9% – Should You Sell?

TOYO Co., Ltd (NASDAQ:TOYOGet Free Report) traded down 3.9% during trading on Monday . The stock traded as low as $2.92 and last traded at $2.93. 3,278 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 675,375 shares. The stock had previously closed at $3.05.

TOYO Stock Down 3.9 %

The business’s fifty day moving average is $3.04 and its two-hundred day moving average is $3.09.

Institutional Trading of TOYO

Large investors have recently modified their holdings of the stock. XTX Topco Ltd purchased a new position in TOYO in the fourth quarter valued at $37,000. Virtu Financial LLC acquired a new stake in TOYO in the 4th quarter valued at about $56,000. Finally, Polar Asset Management Partners Inc. purchased a new position in shares of TOYO in the 3rd quarter valued at about $141,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

About TOYO

(Get Free Report)

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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