Taitron Components Incorporated (TAIT) is priced at $4.75 after the most recent trading session. At the very opening of the session, the stock price was $4.01 and reached a high price of $5.00, prior to closing the session it reached the value of $4.04. The stock touched a low price of $4.00.
Recently in News on January 29, 2021, Taitron Announces Quarterly Cash Dividend. Taitron Components Incorporated (NASDAQ:TAIT) today announced that its Board of Directors has declared a quarterly cash dividend of $0.04 per share of common stock, payable on February 26, 2021 to stockholders of record as of the close of business on February 12, 2021. Under our revised dividend policy, the Company will now target a cash dividend to our stockholders in the amount of $0.16 per share per annum, payable in equal $0.04 per share quarterly installments. You can read further details here
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Taitron Components Incorporated had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $5.00 on 02/18/21, with the lowest value was $3.06 for the same time period, recorded on 01/04/21.
Taitron Components Incorporated (TAIT) full year performance was 67.71%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Taitron Components Incorporated shares are logging -4.81% during the 52-week period from high price, and 135.15% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.02 and $4.99.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1196688 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Taitron Components Incorporated (TAIT) recorded performance in the market was 46.15%, having the revenues showcasing 80.61% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 29.17M, as it employees total of 18 workers.
Analysts verdict on Taitron Components Incorporated (TAIT)
During the last month, 0 analysts gave the Taitron Components Incorporated a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.98, with a change in the price was noted +2.45. In a similar fashion, Taitron Components Incorporated posted a movement of +106.52% for the period of last 100 days, recording 65,141 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TAIT is recording 0.02 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.02.
Taitron Components Incorporated (TAIT): Technical Analysis
Raw Stochastic average of Taitron Components Incorporated in the period of last 50 days is set at 88.69%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 86.56%. In the last 20 days, the company’s Stochastic %K was 62.73% and its Stochastic %D was recorded 57.70%.
Let’s take a glance in the erstwhile performances of Taitron Components Incorporated, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 46.15%. Additionally, trading for the stock in the period of the last six months notably improved by 80.27%, alongside a boost of 67.71% for the period of the last 12 months. The shares increased approximately by 14.73% in the 7-day charts and went down by 48.44% in the period of the last 30 days. Common stock shares were driven by 80.61% during last recorded quarter.