Streetbeat News

TOYO

TOYO Co., Ltd.

Industry

Solar

TOYO Co., Ltd. engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain. Additionally, the company also manufactures solar PV modules. The company was founded in 2022 and is based in Tokyo, Japan.

Open

3.71

Mkt cap

163M

Volume

64K

High

3.71

P/E Ratio

4.99

52-wk high

15.61

Low

3.45

Div yield

N/A

52-wk low

1.36

TOYO Co., Ltd, a solar solution company, announced that its subsidiary, Toyo Solar Company Limited, has received TÜV SÜD and CSA certifications for its photovoltaic modules. This highlights TOYO's commitment to quality and sustainability.

Portfolio Pulse from

December 19, 2024 | 1:15 pm

TOYO Co., Ltd has secured a $150 million contract to supply high efficiency solar cells to a leading solar module manufacturer, highlighting its role in advancing sustainable energy.

Portfolio Pulse from

November 26, 2024 | 1:15 pm

TOYO Co., Ltd, a solar solution company listed on Nasdaq, will participate in Clean Energy conferences in NYC on December 4th and 5th, hosted by Jefferies and Bank of America.

Portfolio Pulse from

November 25, 2024 | 2:15 pm

TOYO Co., Ltd, a solar solution company, is set to acquire Solar Plus Technology Texas LLC to establish a solar module manufacturing facility in Texas. The facility will initially have a capacity of 2.5 gigawatts, with plans to expand to 6.5 gigawatts by 2029.

Portfolio Pulse from

November 25, 2024 | 1:15 pm

TOYO Co., Ltd, a solar solution company, updated its 2024 performance expectations and provided preliminary guidance for 2025. The company projects cell shipments of 1.7-1.8 GW for 2024, slightly below the previous target due to U.S. trade investigations, with an expected net income of $10 million.

Portfolio Pulse from

November 18, 2024 | 1:15 pm

TOYO Co., Ltd plans to build a 2 GW solar cell manufacturing facility in Ethiopia, investing $60M using internal resources and pre-payments. The facility will benefit from Ethiopia's favorable investment policies and hydropower supply.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 12:06 pm

TOYO has appointed Liang 'Simon' Shi as President to lead its strategic growth in the renewable energy sector, overseeing operations in the U.S., Vietnam, and other key regions.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 12:04 pm

In Wednesday's after-market session, several information technology stocks experienced significant price movements. ZenaTech, Intrusion, and X3 Holdings were among the gainers, while E2open Parent Holdings and Cemtrex saw notable declines. The movements were influenced by recent earnings reports.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 8:30 pm

In Monday's pre-market session, several information technology stocks experienced significant movements. Credo Technology Group, Toyo Co, Wetouch Technology, OneConnect Financial Tech, ACM Research, and Aviat Networks saw notable gains, while LeddarTech Holdings, SPI Energy, Inseego, Trident Digital Tech, Ciena, and Sprinklr experienced declines.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 12:08 pm

In Monday's after-market session, several information technology stocks experienced significant price movements. ARB IOT Group, Toyo Co, BigCommerce Holdings, X3 Holdings, SPI Energy, and Rekor Systems saw gains, while Mobix Labs, AmpliTech Gr, Peraso, Prairie Operating, GSI Technology, and iLearningEngines experienced declines.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 8:30 pm

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