Taoping Inc (NASDAQ: TAOP) Stock: Instant Disaster Or Awesome Opportunity?

In the last trading session, 20.22 million shares of the Taoping Inc (NASDAQ:TAOP) were traded, and its beta was 0.63. Most recently the company’s share price was $0.35, and it changed around $0.02 or 4.67% from the last close, which brings the market valuation of the company to $1.55M. TAOP currently trades at a discount to its 52-week high of $2.01, offering almost -474.29% off that amount. The share price’s 52-week low was $0.30, which indicates that the current value has risen by an impressive 14.29% since then. We note from Taoping Inc’s average daily trading volume that its 10-day average is 0.3 million shares, with the 3-month average coming to 380.06K.

Taoping Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended TAOP as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

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Taoping Inc (NASDAQ:TAOP) trade information

Instantly TAOP has showed a green trend with a performance of 4.67% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.3975 on recent trading dayincreased the stock’s daily price by 11.95%. The company’s shares are currently down -76.17% year-to-date, but still up 2.19% over the last five days. On the other hand, Taoping Inc (NASDAQ:TAOP) is -15.90% down in the 30-day period. We can see from the shorts that 0.13 million shares have been sold at a short interest cover period of 0.19 day(s).

TAOP Dividends

Taoping Inc’s next quarterly earnings report is expected to be released in January.

Taoping Inc (NASDAQ:TAOP)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 9.45% of Taoping Inc shares, and 1.82% of them are in the hands of institutional investors. The stock currently has a share float of 2.01%.