Taoping Inc (TAOP) At $0.28 Offering A Unique Opportunity

Taoping Inc (NASDAQ:TAOP) currently has a daily average trading volume of 11.37M but it saw 223466875 shares traded in last market. With a market cap of 3.79M USD, the company’s current market price of $0.28 came rising about 38.77 while comparing to the previous closing price of $0.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.98 and as low as $0.14.

Taking a look at 20-day trading activity of Taoping Inc (TAOP) gives us an average price of $0.2280, while its current price level is -71.11% below from 52-week high level whereas it is 99.37% 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 $0.2472 while that of 200 days or SMA-200 reads an average of $0.3910. A closer look into the stock’s movement over the week reveals that its volatility is standing at 121.86% during that period while stretching the period over a month that decreases to 36.91%. 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 56.76 which implies that the stock is in neutral territory.

Over the week, TAOP’s stock price is moving 40.36% up while it is 10.67% when we observe its performance for the past one month. Year-to-date it is -32.96% down and over the past year, the stock is showing a downside performance of -65.05%.

Currently, Taoping Inc’s total number of outstanding shares is 13.38M with 2.41% of that held by the insiders while 0.37% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -8.40% and return on equity (ROE) at -12.71%. Stock’s beta reads 0.57. Stock has a price to book (P/B) ratio of 0.24 while price to sale or P/S ratio amounts to 0.10. Its return on asset (ROA) is -5.35% on average.