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

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

Taitron Components Price Performance

Shares of Taitron Components stock opened at $2.64 on Wednesday. The firm has a market cap of $15.89 million, a PE ratio of 11.47 and a beta of 0.47. Taitron Components has a 1 year low of $2.52 and a 1 year high of $3.34. The stock has a fifty day moving average price of $2.62 and a 200-day moving average price of $2.78.

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.