Taoping Inc (TAOP)’s Market Momentum: Closing Strong at 0.42, Up 0.55

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As of close of business last night, Taoping Inc’s stock clocked out at $0.42, up 0.55% from its previous closing price of $0.42. In other words, the price has increased by $0.55 from its previous closing price. On the day, 1.05 million shares were traded. TAOP stock price reached its highest trading level at $0.4365 during the session, while it also had its lowest trading level at $0.3801.

Ratios:

To gain a deeper understanding of TAOP’s stock, we examine its different 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 2798181 and an Enterprise Value of 12201373. As of this moment, Taoping’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.18. Its current Enterprise Value per Revenue stands at 0.286 whereas that against EBITDA is 3.269.

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 9.94%, while the 200-Day Moving Average is calculated to be -35.91%.

Shares Statistics:

It appears that TAOP traded 3.06M shares on average per day over the past three months and 14977000 shares per day 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.

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