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The price of Taoping Inc (NASDAQ: TAOP) closed at $0.36 in the last session, down -14.33% from day before closing price of $0.42. In other words, the price has decreased by -$14.33 from its previous closing price. On the day, 0.89 million shares were traded. TAOP stock price reached its highest trading level at $0.399 during the session, while it also had its lowest trading level at $0.345.
Ratios:
We take a closer look at TAOP’s different ratios to gain a better understanding of the stock. 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 2384052 and an Enterprise Value of 12105296. As of this moment, Taoping’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 0.15. Its current Enterprise Value per Revenue stands at 0.284 whereas that against EBITDA is 3.243.
Stock Price History:
Over the past 52 weeks, TAOP has reached a high of $2.01, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -8.44%, while the 200-Day Moving Average is calculated to be -46.63%.
Shares Statistics:
According to the various share statistics, TAOP traded on average about 2.97M shares per day over the past 3-months and 14659290 shares per day over the past 10 days. A total of 4.52M shares are outstanding, with a floating share count of 4.00M. Insiders hold about 11.49% of the company’s shares, while institutions hold 2.67% stake in the company. Shares short for TAOP as of 1732838400 were 75526 with a Short Ratio of 0.04, compared to 1730332800 on 40973. Therefore, it implies a Short% of Shares Outstanding of 75526 and a Short% of Float of 1.26.
