Taoping (NASDAQ:TAOP – Get Free Report) released its earnings results on Tuesday. The company reported ($0.50) EPS for the quarter, FiscalAI reports. The company had revenue of $5.94 million for the quarter.
Taoping Stock Performance
Shares of NASDAQ:TAOP opened at $0.41 on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.82 and a current ratio of 1.87. Taoping has a 52 week low of $0.38 and a 52 week high of $3.40. The firm has a 50 day simple moving average of $0.76 and a 200 day simple moving average of $1.16.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Taoping in a report on Friday, August 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.
Taoping Company Profile
Taoping Inc is a technology company that develops and operates digital advertising, cloud-service and smart-city solutions. Its business has focused on using networked digital displays and cloud-based platforms to deliver information, advertising and other services across public and commercial locations.
The company’s offerings have included digital media systems, software platforms and related technology designed to support content management, advertising operations and community or municipal services.
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