Taitron Components (NASDAQ:TAIT) Now Covered by Analysts at StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of Taitron Components (NASDAQ:TAIT) in a research report issued to clients and investors on Tuesday. The firm set a “hold” rating on the stock.

Taitron Components Stock Up 1.3 %

Taitron Components stock opened at $2.74 on Tuesday. Taitron Components has a 12 month low of $2.52 and a 12 month high of $3.61. The stock has a market cap of $16.49 million, a P/E ratio of 11.78 and a beta of 0.49. The company’s fifty day simple moving average is $2.84 and its 200-day simple moving average is $2.85.

About Taitron Components

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.