Taoping (NASDAQ:TAOP – Get Free Report) released its quarterly earnings data on Tuesday. The company reported ($0.50) earnings per share for the quarter, FiscalAI reports. The business had revenue of $5.94 million for the quarter.
Taoping Stock Down 6.4%
Shares of NASDAQ:TAOP opened at $0.52 on Tuesday. The company has a current ratio of 1.87, a quick ratio of 1.82 and a debt-to-equity ratio of 0.30. Taoping has a 12 month low of $0.51 and a 12 month high of $3.40. The firm’s 50-day moving average is $0.80 and its 200 day moving average is $1.17.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Taoping in a research report on Friday, August 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Taoping currently has a consensus 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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