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

Taoping Inc (NASDAQ:TAOP) has a beta value of 0.57 and has seen 1.83 million shares traded in the last trading session. The company, currently valued at $3.70M, closed the last trade at $0.28 per share which meant it lost -$0.01 on the day or -3.29% during that session. The TAOP stock price is -607.14% off its 52-week high price of $1.98 and 7.14% above the 52-week low of $0.26. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.48 million shares traded. The 3-month trading volume is 3.87 million shares.

Taoping Inc (NASDAQ:TAOP) trade information

Sporting -3.29% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the TAOP stock price touched $0.28 or saw a rise of 24.32%. Year-to-date, Taoping Inc shares have moved -34.50%, while the 5-day performance has seen it change -13.86%. Over the past 30 days, the shares of Taoping Inc (NASDAQ:TAOP) have changed -23.12%.

Taoping Inc (TAOP) estimates and forecasts

The company’s shares have lost -55.17% over the past 6 months.

TAOP Dividends

Taoping Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Taoping Inc (NASDAQ:TAOP)’s Major holders

Insiders own 4.68% of the company shares, while shares held by institutions stand at 0.90% with a share float percentage of 0.95%. Investors are also buoyed by the number of investors in a company, with Taoping Inc having a total of 9.0 institutions that hold shares in the company.