Taoping (TAOP) Stock Price, News & Analysis

Company Overview

Taoping Inc. provides cloud-based platform, resource sharing, and big data solutions to the Chinese new media, education residential community management, and elevator Internet of Things (IoT) industries in the People's Republic of China. It operates through Cloud-Based Technology and Traditional Information Technology segments. The company offers cloud-based software as a service to automate the interactive workflows between advertising agencies and their customers, including establishing new advertising projects, submitting advertisement proposals, revising and approving advertising proposals, processing payment online, remotely uploading advertisement content, and tracking and analyzing performance data. It also provides project-based technology products and services for the public sector; and software and hardware with integrated solutions, such as information technology infrastructure, internet-enabled display technologies, and IoT platforms to customers in government, education, residential community management, media, transportation, and other private sectors, as well as related maintenance and support services. In addition, the company offers cloud-application-terminal, IoT technology based digital advertising distribution network, and media resource sharing platform in the out-of-home advertising markets. Further, it operates Taoping Net, an advertising-resources trading service platform, which connect screen owners, advertisers, and consumers; and Taoping App that enable customers to distribute and manage ads from mobile terminals. The company was formerly known as China Information Technology, Inc. and changed its name to Taoping Inc. in June 2018. Taoping Inc. was founded in 1993 and is headquartered in Shenzhen, the People's Republic of China.

Key Stats

• Today's Range: $0.39 to $0.83
• 50-Day Range: $0.32 to $0.55
• 52-Week Range: $0.30 to $2.01
• Volume: 138.59 million shs
• Average Volume: 1.12 million shs
• Market Capitalization: $1.18 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Taoping Stock Analysis - MarketRank™

Taoping scored higher than 23% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Taoping.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Taoping has a P/B Ratio of 0.09. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.89% of the float of Taoping has been sold short.

Short Interest Ratio / Days to Cover

Taoping has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Taoping has recently decreased by 40.64%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Taoping does not currently pay a dividend.

Dividend Growth

Taoping does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.89% of the float of Taoping has been sold short.

Short Interest Ratio / Days to Cover

Taoping has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Taoping has recently decreased by 40.64%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.11

News Sentiment

Taoping has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Taoping this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Taoping insiders have not sold or bought any company stock.

Percentage Held by Insiders

45.40% of the stock of Taoping is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 3.99% of the stock of Taoping is held by institutions.

TAOP Stock Analysis - Frequently Asked Questions

How have TAOP shares performed this year?

Taoping's stock was trading at $1.45 at the start of the year. Since then, TAOP stock has decreased by 71.9% and is now trading at $0.4078.
View the best growth stocks for 2024 here.

When did Taoping's stock split?

Taoping shares reverse split before market open on Tuesday, August 1st 2023. The 1-10 reverse split was announced on Tuesday, August 1st 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, August 1st 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of Taoping?

Shares of TAOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Taoping own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Taoping investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), CrowdStrike (CRWD), ServiceNow (NOW) and General Electric (GE).

Company Calendar

• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:TAOP
• CUSIP: N/A
• CIK: 1552670
• Web: www.taop.com
• Phone: 8675588319888
• Fax: 86-755-8370-9333
• Employees: 80
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.50
• Quick Ratio: 1.33

Sales & Book Value

• Annual Sales: $42.64 million
• Price / Sales: 0.03
• Cash Flow: $1.13 per share
• Price / Cash Flow: 0.36
• Book Value: $4.41 per share
• Price / Book: 0.09

Miscellaneous

• Outstanding Shares: 2,892,000
• Free Float: 1,579,000
• Market Cap: $1.18 million
• Optionable: No Data
• Beta: 0.65