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

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

Taitron Components Stock Up 3.9 %

Shares of TAIT stock opened at $2.67 on Tuesday. The company has a market cap of $16.07 million, a price-to-earnings ratio of 11.61 and a beta of 0.49. Taitron Components has a 52 week low of $2.52 and a 52 week high of $3.61. The firm has a 50 day moving average of $2.84 and a 200-day moving average of $2.85.

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.