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

StockNews.com assumed coverage on shares of Taitron Components (NASDAQ:TAIT) in a report released on Thursday. The brokerage set a “hold” rating on the stock.

Taitron Components Price Performance

TAIT stock opened at $2.65 on Thursday. The firm has a market cap of $15.95 million, a PE ratio of 11.52 and a beta of 0.47. Taitron Components has a 12 month low of $2.52 and a 12 month high of $3.61. The firm has a 50 day simple moving average of $2.79 and a 200 day simple moving average of $2.82.

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.