Research analysts at StockNews.com started coverage on shares of Taitron Components (NASDAQ:TAIT – Get Free Report) in a research note issued to investors on Thursday. The firm set a “hold” rating on the stock.
Taitron Components Trading Down 1.5 %
NASDAQ TAIT opened at $2.65 on Thursday. Taitron Components has a 1-year low of $2.57 and a 1-year high of $4.19. The company has a 50 day moving average of $2.94 and a 200-day moving average of $3.15. The company has a market cap of $15.95 million, a price-to-earnings ratio of 9.46 and a beta of 0.54.
Taitron Components (NASDAQ:TAIT – Get Free Report) last released its quarterly earnings results on Wednesday, May 15th. The company reported $0.09 earnings per share for the quarter. Taitron Components had a net margin of 32.80% and a return on equity of 9.65%. The company had revenue of $0.96 million during the quarter.
Institutional Inflows and Outflows
Taitron Components Company Profile
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.
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