Taoping Inc. (NASDAQ: TAOP): Reassessing Prospects

Taoping Inc. (TAOP) concluded trading on Wednesday at a closing price of $1.44, with 5.79 million shares of worth about $8.33 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -58.86% during that period and on Wednesday February 7 the price saw a gain of about 39.81%. Currently the company’s common shares owned by public are about 1.56M shares, out of which, 1.01M shares are available for trading.

Stock saw a price change of 34.58% in past 5 days and over the past one month there was a price change of 22.03%. Year-to-date (YTD), TAOP shares are showing a performance of -0.69% which decreased to -81.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.80 but also hit the highest price of $10.20 during that period. The average intraday trading volume for Taoping Inc. shares is 291.94K. The stock is currently trading 33.68% above its 20-day simple moving average (SMA20), while that difference is up 12.31% for SMA50 and it goes to -58.72% lower than SMA200.

Taoping Inc. (NASDAQ: TAOP) currently have 1.56M outstanding shares and institutions hold larger chunk of about 1.88% of that.

The stock has a current market capitalization of $2.25M and its 3Y-monthly beta is at 0.72. It has posted earnings per share of -$4.36 in the same period. It has Quick Ratio of 0.49 while making debt-to-equity ratio of 0.72. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TAOP, volatility over the week remained 20.08% while standing at 14.94% over the month.

Analysts are in expectations that Taoping Inc. (TAOP) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$ in the same quarter a year ago.

Related Posts

Life Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.