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The closing price of Taoping Inc (NASDAQ: TAOP) was $2.11 for the day, down -25.70% from the previous closing price of $2.84. In other words, the price has decreased by -$25.70 from its previous closing price. On the day, 3.71 million shares were traded. TAOP stock price reached its highest trading level at $2.62 during the session, while it also had its lowest trading level at $1.81.
Ratios:
Our analysis of TAOP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 2.38. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.40.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TAOP now has a Market Capitalization of 2860666 and an Enterprise Value of 10350284. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.15. Its current Enterprise Value per Revenue stands at 0.286 whereas that against EBITDA is -2.633.
Stock Price History:
The Beta on a monthly basis for TAOP is 0.49, which has changed by -0.85933334 over the last 52 weeks, in comparison to a change of 0.13837254 over the same period for the S&P500. Over the past 52 weeks, TAOP has reached a high of $24.75, while it has fallen to a 52-week low of $2.60. The 50-Day Moving Average of the stock is -33.92%, while the 200-Day Moving Average is calculated to be -65.94%.
Shares Statistics:
TAOP traded an average of 81.87K shares per day over the past three months and 480720 shares per day over the past ten days. Insiders hold about 35.79% of the company’s shares, while institutions hold 0.91% stake in the company. Shares short for TAOP as of 1759190400 were 11196 with a Short Ratio of 0.14, compared to 1756425600 on 8720. Therefore, it implies a Short% of Shares Outstanding of 11196 and a Short% of Float of 0.88.
