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Taoping Inc.: -73.17% Growth from 52-Week Low, Yet Analysts Divided

ZM Stock

Taoping Inc. experienced a rather shaky stock market performance. The highest value in the past year was recorded at $2.65 on 10/12/23 and the lowest value was $0.39 on 09/09/24.

52-week price history of TAOP Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Taoping Inc.’s current trading price is -73.17% away from its 52-week high, while its distance from the 52-week low is 82.16%. The stock’s price range during this period has spanned from $0.39 to $2.65. In the Technology sector, the Taoping Inc.’s shares surpassed a trading volume of approximately 0.94 million for the day, which was noticeably higher compared to the average daily volume of 9.0.15 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Taoping Inc. (TAOP) has experienced a quarterly decline of -2.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.21M and boasts a workforce of 56 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.6569, with a change in price of -0.2090. Similarly, Taoping Inc. recorded 516,865 in trading volume during the last 100 days, posting a change of -22.72%.

Examining TAOP’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for TAOP stands at 0.52. Similarly, the long-term debt-to-equity ratio is also 0.00.

TAOP Stock Stochastic Average

Today, Taoping Inc.’s raw stochastic average for the past 50 days stands at 54.38%, indicating a rise from the raw stochastic average of the last 20 days, which was 54.38%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 78.40% and 85.58% respectively.

TAOP Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. Year to date metric has recorded a loss of -50.97%.However, over the last six months, we can see a stronger performance of -34.77%. Over the last 30 days, the price of TAOP has fallen by 27.60%. And in the last five days, it has surged by 18.70%.

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