Taoping Inc. (NASDAQ:TAOP) currently has a daily average trading volume of 373.20K but it saw 1182828 shares traded in last market. With a market cap of 2.08M USD, the company’s current market price of $0.46 came falling about -8.74 while comparing to the previous closing price of $0.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.38 and as low as $0.45. In the recent trading on the day, stock has struck highest price mark of $0.4603 while lowest mark touched by it was $0.5349.
Taking a look at 20-day trading activity of Taoping Inc. (TAOP) gives us an average price of $0.5323, while its current price level is -86.38% below from 52-week high level whereas it is 2.18% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6179 while that of 200 days or SMA-200 reads an average of $0.9930. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.12% during that period while stretching the period over a month that decreases to 10.94%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 31.22 which implies that the stock is in neutral territory.
Over the week, TAOP’s stock price is moving -20.58% down while it is -23.67% when we observe its performance for the past one month. Year-to-date it is -68.26% down and over the past year, the stock is showing a downside performance of -86.05%.
Currently, Taoping Inc.’s total number of outstanding shares is 4.52M. Company’s return on investment (ROI) stands at -5.47% and return on equity (ROE) at -2.07%. Stock’s beta reads 0.64. Stock has a price to book (P/B) ratio of 0.10 while price to sale or P/S ratio amounts to 0.05. Its return on asset (ROA) is -0.75% on average.
