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

Equities researchers at StockNews.com began coverage on shares of Taitron Components (NASDAQ:TAIT) in a report released on Monday. The brokerage set a “hold” rating on the stock.

Taitron Components Stock Up 1.6 %

NASDAQ TAIT opened at $2.57 on Monday. The company has a market cap of $15.47 million, a PE ratio of 11.17 and a beta of 0.47. The firm’s 50-day simple moving average is $2.66 and its two-hundred day simple moving average is $2.79. Taitron Components has a 52 week low of $2.52 and a 52 week high of $3.34.

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.