TOYO (NASDAQ:TOYO) Trading Down 1.1% – What’s Next?

TOYO Co., Ltd (NASDAQ:TOYOGet Free Report)’s stock price fell 1.1% during mid-day trading on Friday . The company traded as low as $2.80 and last traded at $2.81. 8,069 shares were traded during trading, a decline of 72% from the average session volume of 28,710 shares. The stock had previously closed at $2.84.

TOYO Stock Performance

The business has a 50 day moving average of $3.22 and a 200-day moving average of $3.29.

Institutional Trading of TOYO

A number of hedge funds and other institutional investors have recently made changes to their positions in TOYO. XTX Topco Ltd bought a new stake in shares of TOYO during the 4th quarter valued at $37,000. Virtu Financial LLC bought a new position in TOYO in the 4th quarter worth about $56,000. Finally, Polar Asset Management Partners Inc. bought a new position in TOYO in the 3rd quarter worth about $141,000. 84.61% of the stock is currently owned by institutional investors.

TOYO Company Profile

(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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