TRSG

Tungray Technologies
TRSG
Market cap $35.7M

2.18 USD

-0.09

3.96%

At close Dec 20, 4:00 PM EST

1 day

-3.96%

5 days

-12.80%

1 month

-5.63%

3 months

-21.30%

6 months

-40.92%

Year to date

-63.36%

1 year

-63.36%

5 years

-63.36%

10 years

-63.36%

About: 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.

Employees: 170

0

Funds holding %

of 6,809 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0.11% more ownership

Funds ownership: 0.47% [Q2] → 0.58% (+0.11%) [Q3]

17% less capital invested

Capital invested by funds: $214K [Q2] → $177K (-$36.3K) [Q3]

67% less funds holding

Funds holding: 3 [Q2] → 1 (-2) [Q3]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 2

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Research analyst outlook

We haven’t received any recent analyst ratings for TRSG.

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Financial journalist opinion

Tungray Technologies Inc Announces Partial Exercise of Underwriter's Over-Allotment Option

SINGAPORE , April 30, 2024 /PRNewswire/ -- Tungray Technologies Inc (the "Company" or "Tungray") (NasdaqCM: TRSG), a provider of customized industrial manufacturing solutions to Original Equipment Manufacturers (OEMs) in the semiconductors, printers, electronics, and home appliances industries, today announced that US Tiger Securities, Inc. ("US Tiger"), who acted as the underwriter and sole book-runner of the Company's underwritten initial public offering ("IPO"), has exercised the partial over-allotment option and purchased an additional 103,485 Class A ordinary shares of the Company at the IPO price of $4.00 per share. As a result, the Company has raised approximately $5.41 million in gross proceeds, before underwriting discounts and other related expenses, through the issuance of a total of 1,353,485 Class A ordinary shares in the IPO.

Tungray Technologies Inc Announces Partial Exercise of Underwriter's Over-Allotment Option

Tungray Technologies Inc Announces Closing of Initial Public Offering

SINGAPORE , April 23, 2024 /PRNewswire/ -- Tungray Technologies Inc (the "Company" or "Tungray") (NasdaqCM: TRSG), a provider of customized industrial manufacturing solutions to Original Equipment Manufacturers (OEMs) in the semiconductors, printers, electronics, and home appliances industries, today announced the closing of its initial public offering (the "Offering") of 1,250,000 Class A ordinary shares at a public offering price of $4 per share. The Class A ordinary shares began trading on Nasdaq Capital Market under the ticker symbol "TRSG" on April 19, 2024.

Tungray Technologies Inc Announces Closing of Initial Public Offering

TRSG Stock: Why Tungray Technologies Is Rallying After Its IPO

Tungray Technologies (NASDAQ: TRSG ) stock is heading higher on Monday as the manufacturing solutions company's shares continue to rally after its initial public offering ( IPO ) on Friday. Tungray Technologies launched its IPO on Friday at a price of $4 per share for TRSG stock.

U.S. IPO Weekly Recap: 2 Sizable Deals Price Up And Trade Up, While Broader IPO Market Slides

U.S. IPO Weekly Recap: 2 Sizable Deals Price Up And Trade Up, While Broader IPO Market Slides

Tungray Technologies Inc Announces Pricing of Initial Public Offering

SINGAPORE , April 18, 2024 /PRNewswire/ -- Tungray Technologies Inc ("Tungray" or the "Company" or "Tungray") (NasdaqCM: TRSG), a provider of customized industrial manufacturing solutions to Original Equipment Manufacturers (OEMs) in the semiconductors, printers, electronics, and home appliances industries, today announced the pricing of its initial public offering (the "Offering") of 1,250,000 Class A ordinary shares at a public offering price of $4 per Class A ordinary share, for total gross proceeds of approximately $5 million, before deducting underwriting discounts and commissions and offering expenses. The Offering is being conducted on a firm commitment basis.

Tungray Technologies Inc Announces Pricing of Initial Public Offering

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