(TAOP) Taoping - Ratings and Ratios

Taoping Inc. (NASDAQ:TAOP) is a China-based technology company specializing in cloud-app technologies for smart city IoT platforms, digital advertising delivery, and internet-based information distribution systems. The company provides cloud-based products, high-end data storage servers, and related services to various private sectors, including new media, healthcare, education, and residential community management. Its offerings also extend to hardware and software solutions, featuring proprietary software and content. Additionally, Taoping Inc. operates in the wastewater treatment business and develops AI-related products and solutions.

Taoping Inc. owns and operates Taoping Net, an advertising-resources trading service platform that connects screen owners, advertisers, and consumers. The company also offers the Taoping App, enabling customers to distribute and manage advertisements directly from mobile terminals. Formerly known as China Information Technology, Inc., the company rebranded as Taoping Inc. in June 2018. Founded in 1993, it is headquartered in Shenzhen, China, and is listed on the NASDAQ under the ticker symbol TAOP. The company operates in the IT Consulting & Other Services sector, with a market capitalization of $3.78 million as of the latest data.

Based on the provided and , the 3-month forecast for Taoping Inc. (NASDAQ:TAOP) is as follows: The stock is currently trading at $0.30, aligning with its 20-day and 50-day simple moving averages (SMA). The 200-day SMA stands at $0.50, indicating a potential downward trend. With an average true range (ATR) of $0.04, volatility is expected to remain low. The forward P/E ratio of 1.92 suggests moderate growth expectations, while the current P/E of 0.26 reflects undervaluation concerns. The price-to-book (P/B) ratio of 0.24 further supports the undervaluation narrative. Over the next three months, TAOP is likely to trade within a narrow range of $0.28 to $0.32, influenced by its low market cap and limited trading volume.