Taoping (NASDAQ:TAOP) Stock Price Up 0.5% – Time to Buy?

Shares of Taoping Inc. (NASDAQ:TAOP) traded up 0.5% on Monday . The company traded as high as $5.09 and last traded at $4.84. 5,132 shares were traded during trading, a decline of 97% from the average session volume of 169,048 shares. The stock had previously closed at $4.82.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of Taoping to a “strong sell” rating in a research note on Saturday, June 21st.

Taoping Stock Up 0.5%

The company’s 50-day moving average price is $6.10 and its two-hundred day moving average price is $7.73. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.19 and a quick ratio of 1.72.

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.