Taoping Inc (NASDAQ: TAOP) is -34.88% lower on its value in year-to-date trading and has touched a low of $0.14 and a high of $0.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TAOP stock was last observed hovering at around $0.29 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.28, the stock is 20.67% and 10.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 38.25 million and changing -6.78% at the moment leaves the stock -30.33% off its SMA200. TAOP registered -71.89% loss for a year compared to 6-month loss of -33.06%.
The stock witnessed a 22.22% gain in the last 1 month and extending the period to 3 months gives it a -3.34%, and is 32.00% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 91.30% over the week and 30.34% over the month.
Taoping Inc (TAOP) has around 33 employees, a market worth around $3.68M and $36.67M in sales. Profit margin for the company is -4.96%. Distance from 52-week low is 93.66% and -71.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.40%).
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Taoping Inc (TAOP) Top Institutional Holders
The shares outstanding are 13.38M, and float is at 11.85M with Short Float at 0.23%.
Taoping Inc (TAOP) Insider Activity
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