Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Taoping Inc (NASDAQ: TAOP) closed at $0.29 down -4.06% from its previous closing price of $0.30. In other words, the price has decreased by -$4.06 from its previous closing price. On the day, 6.3 million shares were traded. TAOP stock price reached its highest trading level at $0.37 during the session, while it also had its lowest trading level at $0.2616.
Ratios:
For a deeper understanding of Taoping Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.52 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, TAOP now has a Market Capitalization of 3827852 and an Enterprise Value of 11378418. As of this moment, Taoping’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 0.12. Its current Enterprise Value per Revenue stands at 0.267 whereas that against EBITDA is 3.048.
Stock Price History:
The Beta on a monthly basis for TAOP is 0.54, which has changed by -0.7222222 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, TAOP has reached a high of $1.98, while it has fallen to a 52-week low of $0.29. The 50-Day Moving Average of the stock is -18.86%, while the 200-Day Moving Average is calculated to be -52.20%.
Shares Statistics:
For the past three months, TAOP has traded an average of 3.77M shares per day and 3756810 over the past ten days. A total of 13.38M shares are outstanding, with a floating share count of 11.85M. Insiders hold about 11.49% of the company’s shares, while institutions hold 0.90% stake in the company. Shares short for TAOP as of 1735603200 were 83651 with a Short Ratio of 0.02, compared to 1732838400 on 75526. Therefore, it implies a Short% of Shares Outstanding of 83651 and a Short% of Float of 1.39.
