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Tungray Technologies Inc is an engineer-to-order company that provides custom industrial manufacturing solutions to original equipment manufacturers in the semiconductor, printer, electronics, and home appliance industries. It predominantly generates revenue through the manufacture of custom industrial manufacturing solutions, direct drive and linear DC motors, and induction welding equipment. Geographically, the company generates a majority of its revenue from Singapore and the rest from China.
Tungray Technologies - Class A trades on the NASDAQ stock market under the symbol TRSG.
As of May 8, 2024, TRSG stock price climbed to $6.00 with 179,491 million shares trading.
TRSG has a market cap of $98.12 million. This is considered a Micro Cap stock.
TRSG support price is $4.24 and resistance is $5.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TRSG stock will trade within this expected range on the day.