Future Outlook And Stock Price Performance For Taoping Inc (NASDAQ: TAOP)

In today’s recent session, 1.0 million shares of the Taoping Inc (NASDAQ:TAOP) have been traded, and its beta is 0.55. Most recently the company’s share price was $0.24, and it changed around $0.02 or 4.71% from the last close, which brings the market valuation of the company to $3.15M. TAOP at last check was trading at a discount to its 52-week high of $1.19, offering almost -395.83% off that amount. The share price’s 52-week low was $0.17, which indicates that the recent value has risen by an impressive 29.17% since then. We note from Taoping Inc’s average daily trading volume that its 10-day average is 0.91 million shares, with the 3-month average coming to 1.15 million.

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. Taoping Inc is expected to report earnings per share of 0 for the current quarter.

Taoping Inc (NASDAQ:TAOP) trade information

Instantly TAOP has been showing a green trend so far today with a performance of 4.71% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.2480 on recent trading dayincreased the stock’s daily price by 3.23%. The company’s shares are currently down -44.21% year-to-date, but still up 12.24% over the last five days. On the other hand, Taoping Inc (NASDAQ:TAOP) is -21.34% down in the 30-day period. We can see from the shorts that 32559.0 shares have been sold at a short interest cover period of 0.17 day(s).

TAOP Dividends

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

Taoping Inc (NASDAQ:TAOP)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 4.68% of Taoping Inc shares, and 1.30% of them are in the hands of institutional investors. The stock currently has a share float of 1.37%.

The former held 28.4 shares worth $6624.0, making up 0.21% of all outstanding shares.