Now Is The Time To Build A Position In Taoping Inc (NASDAQ:TAOP)

In the latest trading session, 28.31 million Taoping Inc (NASDAQ:TAOP) shares changed hands as the company’s beta touched 0.61. With the company’s most recent per share price at $0.31 changing hands around $0.01 or 1.73% at last look, the market valuation stands at $1.37M. TAOP’s current price is a discount, trading about -538.71% off its 52-week high of $1.98. The share price had its 52-week low at $0.29, which suggests the last value was 6.45% up since then. When we look at Taoping Inc’s average trading volume, we note the 10-day average is 0.52 million shares, with the 3-month average coming to 3.15 million.

Taoping Inc (NASDAQ:TAOP) trade information

Instantly TAOP is in green as seen in intraday trades today. With action -25.41%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -27.73%, with the 5-day performance at -25.41% in the red. However, in the 30-day time frame, Taoping Inc (NASDAQ:TAOP) is -8.92% down. Looking at the short shares, we see there were 83651.0 shares sold at short interest cover period of 0.01 days.

Taoping Inc (NASDAQ:TAOP)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 4.68% of Taoping Inc shares while 0.90% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 0.95%.

With 27.64 shares estimated at $8513.0 under it, the former controlled 0.96% of total outstanding shares.