Taoping Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $2.01 on 01/02/24, while the lowest price for the same duration was marked at $0.38 on 11/11/24.
52-week price history of TAOP Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Taoping Inc’s current trading price is -79.61% away from its 52-week high, while its distance from the 52-week low is 6.47%. The stock’s price range during the 52-week period has remained between $0.38 and $2.01. In the Technology sector, the company’s shares saw a trading volume of around 3.48 million for the day, which was evidently higher than the average daily volume of 0.26 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 -19.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.85M 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 0.5828, with a change in price of -0.3165. Similarly, Taoping Inc recorded 255,241 in trading volume during the last 100 days, posting a change of -43.64%.
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
Taoping Inc’s raw stochastic average for the past 50 days is presently 3.98%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 11.73%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 9.42% and 8.37%, respectively.
TAOP Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Year to date metric has recorded a loss of -71.73%.However, over the last six months, we can see a stronger performance of -44.61%. Over the last 30 days, the price of TAOP has leaped by -24.37%. And in the last five days, it has fallen by -1.40%.
