Alert 30 percent YoY Growth in Taopings July 2024 Total Contract Revenue Value Driven by Strong Demand for AI-Based Products

TAOP Stock  USD 0.33  0.01  1.78%   
Slightly above 51% of Taoping's investor base is interested to short. The analysis of overall sentiment of trading Taoping stock suggests that many investors are impartial at this time. Taoping's investing sentiment overview a quick insight into current market opportunities from investing in Taoping. Many technical investors use Taoping stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
Taoping Inc. , a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported a total contract revenue value of approximately RMB 27.4 million for the month of July 2024, representing 30 percent growth compared to July 2023, driven by strong demand for its AI-based products.

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Taoping Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Taoping can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Taoping Fundamental Analysis

We analyze Taoping's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Taoping using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Taoping based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Retained Earnings

Retained Earnings Comparative Analysis

Taoping is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Taoping Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Taoping stock to make a market-neutral strategy. Peer analysis of Taoping could also be used in its relative valuation, which is a method of valuing Taoping by comparing valuation metrics with similar companies.

Peers

Taoping Related Equities

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BLINBridgeline Digital   0.00   
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DTSSDatasea   0.00   
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CINTCiT   1.91   
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RPAYRepay Holdings   2.31   
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JGAurora Mobile   2.81   
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CISOCerberus Cyber   4.38   
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ZENVZenvia   5.29   
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SANGSangoma Technologies   6.25   
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RKNEFOptiva   52.22   
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Additional Tools for Taoping Stock Analysis

When running Taoping's price analysis, check to measure Taoping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Taoping is operating at the current time. Most of Taoping's value examination focuses on studying past and present price action to predict the probability of Taoping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taoping's price. Additionally, you may evaluate how the addition of Taoping to your portfolios can decrease your overall portfolio volatility.