Tungray Technologies (NASDAQ:TRSG) Shares Up 2.1%

Tungray Technologies Inc. (NASDAQ:TRSG) shot up 2.1% during mid-day trading on Thursday . The stock traded as high as $3.14 and last traded at $2.87. 24,196 shares traded hands during trading, a decline of 81% from the average session volume of 127,874 shares. The stock had previously closed at $2.81.

Tungray Technologies Stock Performance

The business’s 50-day moving average price is $3.04.

Hedge Funds Weigh In On Tungray Technologies

An institutional investor recently bought a new position in Tungray Technologies stock. PFG Investments LLC bought a new stake in Tungray Technologies Inc. (NASDAQ:TRSG) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 35,000 shares of the company’s stock, valued at approximately $135,000. PFG Investments LLC owned approximately 0.22% of Tungray Technologies at the end of the most recent reporting period.

About Tungray Technologies

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.