Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Taitron Components Inc (NASDAQ: TAIT) closed at $1.19 down -1.65% from its previous closing price of $1.21. In other words, the price has decreased by -$1.65 from its previous closing price. On the day, 55641.0 shares were traded. TAIT stock price reached its highest trading level at $1.21 during the session, while it also had its lowest trading level at $1.15.
Ratios:
For a deeper understanding of Taitron Components Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.24. For the most recent quarter (mrq), Quick Ratio is recorded 5.22 and its Current Ratio is at 6.26. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TAIT now has a Market Capitalization of 7165204 and an Enterprise Value of -2723795. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at -0.768 whereas that against EBITDA is -31.308.
Stock Price History:
The Beta on a monthly basis for TAIT is 0.49, which has changed by -0.55185187 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, TAIT has reached a high of $5.10, while it has fallen to a 52-week low of $0.95. The 50-Day Moving Average of the stock is -46.75%, while the 200-Day Moving Average is calculated to be -47.93%.
Shares Statistics:
For the past three months, TAIT has traded an average of 486.21K shares per day and 244530 over the past ten days. A total of 5.26M shares are outstanding, with a floating share count of 3.30M. Insiders hold about 45.20% of the company’s shares, while institutions hold 15.78% stake in the company. Shares short for TAIT as of 1763078400 were 90493 with a Short Ratio of 0.19, compared to 1760486400 on 53833. Therefore, it implies a Short% of Shares Outstanding of 90493 and a Short% of Float of 2.8499998.
Dividends & Splits
According to the company, the forward annual dividend rate for TAIT is 0.17, from 0.185 in the trailing year. Against a Trailing Annual Dividend Yield of 0.15289256. The stock’s 5-year Average Dividend Yield is 5.67.
