Taoping Signs Non-binding Letter of Intent to Acquire Yunti Transformational Acquisition Would Substantially Improve Taopings Annual Revenue, Expand its Addressable Market, and Leverage its Current Portfolio
TAOP Stock | USD 0.41 0.09 28.12% |
Slightly above 55% of Taoping's retail investors are presently thinking to get in. The analysis of overall sentiment of trading Taoping stock suggests that some investors are interested 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 |
Taoping Inc. , a provider of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today announced that it has signed a non-binding letter of intent to acquire 100 percent of the equity of Shenzhen Yunti Internet of Things Co., Ltd. , a Chinese company based in Shenzhen, Guangdong Province. Taopings acquisition of Yunti, if consummated, is expected to open new revenue growth opportunities for the Company, whi
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Taoping Investor Sentiment by Other News Outlets
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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.
Net Income
Net Income Comparative Analysis
Taoping is currently under evaluation in net income category among its peers. Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
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
AUID | AuthID | 34.93 | ||||
BLIN | Bridgeline Digital | 11.19 | ||||
DTSS | Datasea | 4.43 | ||||
CINT | CiT | 3.00 | ||||
SANG | Sangoma Technologies | 2.63 | ||||
GB | Global Blue | 0.16 | ||||
CISO | Cerberus Cyber | 1.20 | ||||
RPAY | Repay Holdings | 1.39 | ||||
JG | Aurora Mobile | 2.81 | ||||
ZENV | Zenvia | 5.81 | ||||
RKNEF | Optiva | 52.22 |
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.