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

Equities researchers at StockNews.com initiated coverage on shares of Taitron Components (NASDAQ:TAIT) in a note issued to investors on Sunday. The firm set a “hold” rating on the stock.

Taitron Components Stock Performance

Shares of NASDAQ TAIT opened at $2.65 on Friday. Taitron Components has a fifty-two week low of $2.52 and a fifty-two week high of $3.55. The company has a market cap of $15.96 million, a PE ratio of 11.52 and a beta of 0.47. The business has a 50-day simple moving average of $2.70 and a two-hundred day simple moving average of $2.80.

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.