In other words, the price has increased by $0.0000 from its previous closing price. On the day, 58525 shares were traded.
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 0.49 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 0.72 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 2.15M and an Enterprise Value of 8.49M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.21. Its current Enterprise Value per Revenue stands at 0.27 whereas that against EBITDA is 1.42.
Stock Price History:
The Beta on a monthly basis for TAOP is 0.76, which has changed by -83.23% over the last 52 weeks, in comparison to a change of 27.86% over the same period for the S&P500. Over the past 52 weeks, TAOP has reached a high of $10.20, while it has fallen to a 52-week low of $0.80. The 50-Day Moving Average of the stock is 1.1732, while the 200-Day Moving Average is calculated to be 2.5289.
Shares Statistics:
TAOP traded an average of 577.18K shares per day over the past three months and 55.57k shares per day over the past ten days. A total of 1.56M shares are outstanding, with a floating share count of 1.01M. Insiders hold about 34.94% of the company’s shares, while institutions hold 6.87% stake in the company. Shares short for TAOP as of Mar 15, 2024 were 50.52k with a Short Ratio of 0.09, compared to 19.34k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.56% and a Short% of Float of 3.32%.
Earnings Estimates
The firm’s stock currently is rated by 0 analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $52M to a low estimate of $52M. As of the current estimate, Taoping Inc.’s year-ago sales were $24.85M, an estimated increase of 109.30% from the year-ago figure.
A total of 1 analysts have provided revenue estimates for TAOP’s current fiscal year. The highest revenue estimate was $52M, while the lowest revenue estimate was $52M, resulting in an average revenue estimate of $52M. In the same quarter a year ago, actual revenue was $24.85M, up 109.30% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $70M in the next fiscal year. The high estimate is $70M and the low estimate is $70M. The average revenue growth estimate for next year is up 34.60% from the average revenue estimate for this year.
