The stock price of Taoping Inc (NASDAQ: TAOP) has jumped by 0.46 compared to previous close of 0.28. Despite this, the company has seen a fall of -0.50% in its stock price over the last five trading days. prnewswire.com reported 2025-02-10 that SHENZHEN, China, Feb. 10, 2025 /PRNewswire/ — Taoping Inc. (Nasdaq: TAOP, the “Company”), a provider of innovative smart cloud platform services and solutions, today revealed that it has entered into a non-binding strategic cooperation framework agreement with the Government of Mengla County, Yunnan Province. The agreement outlines plans for extensive collaboration in the modern agricultural industry, with the objective of boosting regional economic growth.
Is It Worth Investing in Taoping Inc (NASDAQ: TAOP) Right Now?
Taoping Inc (NASDAQ: TAOP) has a price-to-earnings ratio that is above its average at 0.55x. The stock has a 36-month beta value of 0.37. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TAOP is 11.85M, and at present, short sellers hold a 0.83% of that float. On March 07, 2025, the average trading volume of TAOP was 3.97M shares.
TAOP’s Market Performance
TAOP stock saw an increase of -0.50% in the past week, with a monthly gain of 9.37% and a quarterly increase of -17.28%. The volatility ratio for the week is 9.64%, and the volatility levels for the last 30 days are 12.05% for Taoping Inc (TAOP). The simple moving average for the last 20 days is -4.42% for TAOP’s stock, with a simple moving average of -44.13% for the last 200 days.
TAOP Trading at -11.82% from the 50-Day Moving Average
After a stumble in the market that brought TAOP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -79.31% of loss for the given period.
Volatility was left at 12.05%, however, over the last 30 days, the volatility rate increased by 9.64%, as shares surge +10.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.17% lower at present.
During the last 5 trading sessions, TAOP rose by +5.02%, which changed the moving average for the period of 200-days by -62.83% in comparison to the 20-day moving average, which settled at $0.2952. In addition, Taoping Inc saw -33.36% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TAOP
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.21 for the gross margin
The net margin for Taoping Inc stands at 0.05. The total capital return value is set at 0.09. Equity return is now at value 16.97, with 6.87 for asset returns.
Based on Taoping Inc (TAOP), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at -0.42. The debt to equity ratio resting at 0.62. The interest coverage ratio of the stock is 4.28.
Currently, EBITDA for the company is 3.35 million with net debt to EBITDA at 2.52. When we switch over and look at the enterprise to sales, we see a ratio of 0.31. The receivables turnover for the company is 5.55for trailing twelve months and the total asset turnover is 1.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.50.
Conclusion
To sum up, Taoping Inc (TAOP) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
