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

In Monday's pre-market session, several information technology stocks experienced significant movements. Focus Universal (FCUV) saw a 73.3% increase, while MongoDB (MDB) rose by 18.22% following its Q2 earnings release. Marvell Tech (MRVL) also gained 11.59% after its Q2 earnings. On the downside, Strong Global (SGE) decreased by 10.1%, and OneConnect Financial Tech (OCFT) fell by 8.53%.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 12:05 pm

Toyo Co (NASDAQ:TOYO) reported a significant improvement in its financial performance for the first half of the year, with earnings per share (EPS) rising to $0.48 from a loss of $(0.05) in the same period last year. The company's sales reached $138.08 million.