Taitron Components (NASDAQ:TAIT) Earns Hold Rating from Analysts at StockNews.com

Stock analysts at StockNews.com started coverage on shares of Taitron Components (NASDAQ:TAIT) in a report issued on Monday. The brokerage set a “hold” rating on the stock.

Taitron Components Trading Down 3.8 %

Taitron Components stock opened at $2.79 on Monday. The firm has a market cap of $16.80 million, a PE ratio of 12.13 and a beta of 0.49. Taitron Components has a 12 month low of $2.57 and a 12 month high of $3.61. The stock’s 50 day simple moving average is $2.86 and its two-hundred day simple moving average is $2.87.

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.