Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
In the latest session, Taoping Inc (NASDAQ: TAOP) closed at $0.38 down -6.64% from its previous closing price of $0.41. In other words, the price has decreased by -$6.64 from its previous closing price. On the day, 0.35 million shares were traded. TAOP stock price reached its highest trading level at $0.4092 during the session, while it also had its lowest trading level at $0.3614.
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 2531151 and an Enterprise Value of 11934343. As of this moment, Taoping’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.16. Its current Enterprise Value per Revenue stands at 0.28 whereas that against EBITDA is 3.197.
Stock Price History:
Over the past 52 weeks, TAOP has reached a high of $1.98, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is 1.47%, while the 200-Day Moving Average is calculated to be -40.43%.
Shares Statistics:
For the past three months, TAOP has traded an average of 3.08M shares per day and 724650 over the past ten 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 1734048000 were 110455 with a Short Ratio of 0.04, compared to 1731628800 on 127187. Therefore, it implies a Short% of Shares Outstanding of 110455 and a Short% of Float of 1.8399999999999999.
