Stock analysts at StockNews.com initiated coverage on shares of Taitron Components (NASDAQ:TAIT – Get Free Report) in a report released on Friday. The brokerage set a “hold” rating on the stock.
Taitron Components Stock Performance
Shares of TAIT stock opened at $2.82 on Friday. Taitron Components has a 52-week low of $2.57 and a 52-week high of $3.63. The stock has a market cap of $16.98 million, a price-to-earnings ratio of 10.07 and a beta of 0.48. The firm has a fifty day moving average of $2.89 and a 200-day moving average of $2.91.
Taitron Components (NASDAQ:TAIT – Get Free Report) last posted its quarterly earnings results on Wednesday, August 14th. The company reported $0.07 earnings per share for the quarter. The business had revenue of $1.22 million during the quarter. Taitron Components had a net margin of 32.00% and a return on equity of 8.87%.
Institutional Trading of Taitron Components
Taitron Components Company Profile
Taitron Components Incorporated engages in the supply of original designed and manufactured (ODM) electronic components, and distribution of brand name electronic components. It distributes discrete semiconductors, commodity integrated circuits, optoelectronic devices, and passive components. The company also offers value-added engineering and turn-key solutions focusing on providing contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs) with ODM products for their turn-key projects.
Read More
- Five stocks we like better than Taitron Components
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- Stock Analyst Ratings and Canadian Analyst Ratings
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for Taitron Components Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taitron Components and related companies with MarketBeat.com's FREE daily email newsletter.