TOYO (NASDAQ:TOYO) Trading Down 1.5% – Should You Sell?

Shares of TOYO Co., Ltd. (NASDAQ:TOYO) fell 1.5% during mid-day trading on Wednesday . The company traded as low as $7.19 and last traded at $7.27. 28,857 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 90,049 shares. The stock had previously closed at $7.38.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of TOYO in a report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, TOYO presently has a consensus rating of “Hold”.

TOYO Price Performance

The company’s 50 day moving average is $6.04 and its 200-day moving average is $4.40. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.47 and a quick ratio of 0.26.

TOYO (NASDAQ:TOYO) last posted its quarterly earnings data on Monday, September 8th. The company reported $0.10 EPS for the quarter. During the same quarter in the prior year, the business posted $0.48 EPS. TOYO has set its FY 2025 guidance at EPS.

About TOYO

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.