Taitron Components (NASDAQ:TAIT) Now Covered by Analysts at StockNews.com

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

Taitron Components Stock Down 0.4 %

NASDAQ TAIT opened at $2.54 on Monday. Taitron Components has a 52 week low of $2.52 and a 52 week high of $3.34. The firm has a market capitalization of $15.29 million, a price-to-earnings ratio of 11.04 and a beta of 0.47. The company has a fifty day moving average of $2.67 and a two-hundred day moving average of $2.79.

About Taitron Components

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.