Tungray Technologies (NASDAQ:TRSG) Shares Up 2.1%

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

Tungray Technologies Stock Performance

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

Hedge Funds Weigh In On Tungray Technologies

A hedge fund recently bought a new stake in Tungray Technologies stock. PFG Investments LLC purchased a new position in Tungray Technologies Inc. (NASDAQ:TRSG) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 35,000 shares of the company’s stock, valued at approximately $135,000. PFG Investments LLC owned 0.22% of Tungray Technologies at the end of the most recent reporting period.

Tungray Technologies Company 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.