T3 Companies LLC Invests $557,000 in Tungray Technologies Inc. $TRSG

T3 Companies LLC purchased a new stake in shares of Tungray Technologies Inc. (NASDAQ:TRSG) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 499,122 shares of the company’s stock, valued at approximately $557,000. T3 Companies LLC owned approximately 3.05% of Tungray Technologies at the end of the most recent reporting period.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded shares of Tungray Technologies from a “sell (d)” rating to a “sell (e+)” rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Tungray Technologies Price Performance

Shares of TRSG stock opened at $1.61 on Thursday. The company has a current ratio of 1.94, a quick ratio of 1.59 and a debt-to-equity ratio of 0.07. The company has a 50 day moving average price of $1.30 and a 200-day moving average price of $1.21. Tungray Technologies Inc. has a 52 week low of $1.02 and a 52 week high of $1.98.

Tungray Technologies (NASDAQ:TRSG) last issued its quarterly earnings data on Thursday, April 23rd. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $4.09 million for the quarter.

Tungray Technologies Profile

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.