How to buy Taoping shares | TAOP historical share price and analysis

How to buy Taoping shares

Own Taoping shares in just a few minutes.

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Taoping Inc (TAOP) is a leading software-infrastructure business with stocks listed in the US. It opened the day at US$9.61 after a previous close of US$9.8. During the day the price has varied from a low of USD9.28 to a high of USD10.2. The latest price was USD10.06 (25 minute delay). Taoping is listed on the NASDAQ. All prices are listed in US Dollars.

How to buy shares in Taoping

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Taoping. Find the share by name or ticker symbol: TAOP. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Taoping reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$9.8, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Taoping, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Taoping. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Taoping share price

Use our graph to track the performance of TAOP stocks over time.

Taoping shares at a glance

Information last updated 2021-03-30.
OpenUS$9.61
HighUS$10.2
LowUS$9.28
CloseUS$10.06
Previous closeUS$9.8
Change US$0.26
Change % 2.6531%
Volume 618,056
Information last updated 2021-03-24.
52-week rangeUS$1.86 - US$14.72
50-day moving average US$8.2947
200-day moving average US$4.2628
Target priceUS$9
PE ratio 3.0889
Dividend yield N/A (0%)
Earnings per share (TTM) US$-0.051

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Taoping stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Taoping price performance over time

Historical closes compared with the last close of $10.06

1 month (2021-03-15) -8.13%
1 year (2020-04-11) inf%
2 years (2019-04-11) inf%
3 years (2018-04-11) inf%
5 years (2016-04-11) inf%

Is Taoping under- or over-valued?

Valuing Taoping stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Taoping's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Taoping's P/E ratio

Taoping's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Taoping shares trade at around 3x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Taoping financials

Revenue TTM US$10.4 million
Gross profit TTM US$6.6 million
Return on assets TTM -16.11%
Return on equity TTM -81.83%
Profit margin -90.4%
Book value 0.753
Market capitalisation US$111.1 million

TTM: trailing 12 months

Shorting Taoping shares

There are currently 525,771 Taoping shares held short by investors – that's known as Taoping's "short interest". This figure is 3625.4% up from 14,113 last month.

There are a few different ways that this level of interest in shorting Taoping shares can be evaluated.

Taoping's "short interest ratio" (SIR)

Taoping's "short interest ratio" (SIR) is the quantity of Taoping shares currently shorted divided by the average quantity of Taoping shares traded daily (recently around 5.8 million). Taoping's SIR currently stands at 0.09. In other words for every 100,000 Taoping shares traded daily on the market, roughly 90 shares are currently held short.

However Taoping's short interest can also be evaluated against the total number of Taoping shares, or, against the total number of tradable Taoping shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Taoping's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 Taoping shares in existence, roughly 60 shares are currently held short) or 0.0951% of the tradable shares (for every 100,000 tradable Taoping shares, roughly 95 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Taoping.

Find out more about how you can short Taoping stock.

Taoping share dividends

We're not expecting Taoping to pay a dividend over the next 12 months.

Have Taoping's shares ever split?

Taoping's shares were split on a 1:6 basis on 29 July 2020. So if you had owned 6 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Taoping shares – just the quantity. However, indirectly, the new 500% higher share price could have impacted the market appetite for Taoping shares which in turn could have impacted Taoping's share price.

Taoping share price volatility

Over the last 12 months, Taoping's shares have ranged in value from as little as US$1.86 up to US$14.72. A popular way to gauge a stock's volatility is its "beta".

TAOP.US volatility(beta: 0.94)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Taoping's is 0.9431. This would suggest that Taoping's shares are less volatile than average (for this exchange).

Taoping overview

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. The company operates in two segments, Cloud-based Technology and Traditional Information Technology. It offers cloud-based software as a service to automate the interactive workflow between advertising agencies and their customers, including establishing new projects, submitting advertisement proposals, revising and approving advertising proposals, processing payment online, remotely uploading advertisement content, and tracking and analyzing performance data. The company also provides project-based technology products and services for the public sector; and software and hardware with fully integrated solutions, including information technology infrastructure, Internet-enabled display technologies, and IoT platforms to customers in government, education, residential community management, media, transportation, healthcare, and other private sectors, as well as related maintenance and support services. In addition, it offers cloud-app-terminal and IoT technology based digital advertising distribution network and media resource sharing platform in the out-of-home advertising markets. Further, the company operates Taoping Net, an advertising-resources trading service platform, which connect screen owners, advertisers, and consumers; Taoping App, which enable customers to distribute and manage ads from mobile terminals; and blockchain business. The company was formerly known as China Information Technology, Inc. and changed its name to Taoping Inc. in June 2018. Taoping Inc. was founded in 1993 and is headquartered in Shenzhen, the People's Republic of China.

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