Taoping Inc (NASDAQ:TAOP) currently has a daily average trading volume of 3.15M but it saw 30756963 shares traded in last market. With a market cap of 1.40M USD, the company’s current market price of $0.31 came rising about 3.40 while comparing to the previous closing price of $0.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.98 and as low as $0.29. In the recent trading on the day, stock has struck highest price mark of $0.3011 while lowest mark touched by it was $0.3999.
Taking a look at 20-day trading activity of Taoping Inc (TAOP) gives us an average price of $0.3715, while its current price level is -84.33% below from 52-week high level whereas it is 5.83% 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 $0.3666 while that of 200 days or SMA-200 reads an average of $0.6258. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.34% during that period while stretching the period over a month that increases to 18.11%. 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 37.61 which implies that the stock is in neutral territory.
Over the week, TAOP’s stock price is moving -24.19% down while it is -7.43% when we observe its performance for the past one month. Year-to-date it is -26.55% down and over the past year, the stock is showing a downside performance of -74.78%.
Currently, Taoping Inc’s total number of outstanding shares is 4.52M. Company’s return on investment (ROI) stands at 10.73% and return on equity (ROE) at 16.97%. It has a price to earnings ratio (P/E ratio) of 0.60. Stock’s beta reads 0.61. Stock has a price to book (P/B) ratio of 0.13 while price to sale or P/S ratio amounts to 0.03. Its return on asset (ROA) is 6.87% on average.
