Tungray Technologies (NASDAQ:TRSG) Shares Down 3.3% – What’s Next?

Tungray Technologies Inc. (NASDAQ:TRSGGet Free Report) was down 3.3% during mid-day trading on Monday . The company traded as low as $1.41 and last traded at $1.76. Approximately 99,282 shares were traded during mid-day trading, an increase of 157% from the average daily volume of 38,698 shares. The stock had previously closed at $1.82.

Tungray Technologies Stock Performance

The company’s 50-day moving average price is $1.64 and its 200 day moving average price is $2.04.

About Tungray Technologies

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Tungray Technologies Inc, through its subsidiaries, provides tooling and customized industrial manufacturing solutions in China and Singapore. It offers customized industrial test and tooling solutions; welding equipment manufacturing; and direct drive and linear direct current motors. The company also designs, develops, and manufactures non- standard equipment, such as automated assembly equipment, precision testing equipment, tooling fixtures, etc., as well as induction brazing and hardening equipment, and tooling fixtures; researches, develops, and sells intelligent robots and storage equipment; and installs industrial machinery and equipment, and mechanical engineering works.

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