Taoping (TAOP) Projected to Post Quarterly Earnings on Thursday

Taoping (NASDAQ:TAOP) is projected to announce its results before the market opens on Thursday, April 23rd. Analysts expect the company to announce earnings of ($12.00) per share and revenue of $24.00 million for the quarter.

Taoping Price Performance

Shares of Taoping stock opened at $1.30 on Tuesday. The business’s 50 day simple moving average is $1.38 and its 200 day simple moving average is $1.81. Taoping has a 52-week low of $1.19 and a 52-week high of $20.10.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Taoping in a research report on Wednesday, April 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

About Taoping

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.