Taoping Inc [NASDAQ: TAOP] surged by $0.09 during the normal trading session on while it closed the day at $0.41.
Taoping Inc stock has also gained 27.44% of its value over the past 7 days. However, TAOP stock has declined by -31.92% in the 3 months of the year. Over the past six months meanwhile, it has lost -42.56% and lost -71.88% year-on date.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for TAOP stock reached $2.37 million, with 4.52 million shares outstanding and 4.00 million shares in the current float. Compared to the average trading volume of 729.51K shares, TAOP reached a trading volume of 138487635 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Taoping Inc [TAOP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TAOP shares is $70.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TAOP stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Taoping Inc is set at 0.07, with the Price to Sales ratio for TAOP stock in the period of the last 12 months amounting to 0.06. The Price to Book ratio for the last quarter was 0.17, with the Price to Cash per share for the same quarter was set at 0.08.
TAOP stock trade performance evaluation
Taoping Inc [TAOP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 27.44. With this latest performance, TAOP shares gained by 17.18% in over the last four-week period, additionally sinking by -42.56% over the last 6 months – not to mention a drop of -68.87% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TAOP stock in for the last two-week period is set at 61.08, with the RSI for the last a single of trading hit 71.25, and the three-weeks RSI is set at 53.87 for Taoping Inc [TAOP]. The present Moving Average for the last 50 days of trading for this stock 0.4006, while it was recorded at 0.3388 for the last single week of trading, and 0.6822 for the last 200 days.
Taoping Inc [TAOP]: An insightful look at the core fundamentals
Taoping Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 1.50.
Taoping Inc [TAOP]: Institutional Ownership
There are presently around $1.82%, or 2.01%% of TAOP stock, in the hands of institutional investors.
