Taitron Components Incorporated Stock Today

TAIT Stock  USD 2.74  0.04  1.48%   

Performance

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Odds Of Distress

Less than 3

 
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Taitron Components is selling for under 2.74 as of the 28th of November 2024; that is 1.48 percent increase since the beginning of the trading day. The stock's last reported lowest price was 2.7. Taitron Components has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Taitron Components Incorporated are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
19th of May 1995
Category
Technology
Classification
Information Technology
Taitron Components Incorporated engages in the supply of original designed and manufactured electronic components, and distribution of brand name electronic components. The company was incorporated in 1989 and is headquartered in Valencia, California. The company has 5.26 M outstanding shares of which 2.78 K shares are at this time shorted by private and institutional investors with about 0.48 trading days to cover. More on Taitron Components Incorporated

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Taitron Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOStewart Wang
Business ConcentrationElectronic Equipment, Instruments & Components, Electronics & Computer Distribution, Information Technology, NASDAQ Composite, Information Technology, Electronic Equipment, Instruments & Components, Electronics & Computer Distribution, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.580.3392
Way Up
Pretty Stable
Total Current Liabilities1.1 M1.2 M
Notably Down
Slightly volatile
Total Assets19.9 M18 M
Significantly Up
Very volatile
Total Current Assets16.1 M12.8 M
Significantly Up
Very volatile
Debt Levels
Taitron Components can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Taitron Components' financial leverage. It provides some insight into what part of Taitron Components' total assets is financed by creditors.
Liquidity
Taitron Components Incorporated currently holds 1.16 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Taitron Components has a current ratio of 11.03, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Taitron Components' use of debt, we should always consider it together with its cash and equity.

Total Cash From Operating Activities

3.31 Million
Taitron Components Incorporated (TAIT) is traded on NASDAQ Exchange in USA. It is located in 28040 West Harrison Parkway, Valencia, CA, United States, 91355 and employs 15 people. Taitron Components is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 16.28 M. Taitron Components conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 5.26 M outstanding shares of which 2.78 K shares are at this time shorted by private and institutional investors with about 0.48 trading days to cover. Taitron Components Incorporated currently holds about 5.92 M in cash with 3.15 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.99.
Check Taitron Components Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Taitron Components is $16.28 Million. Taitron Components maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Taitron Ownership Details

Taitron Stock Institutional Holders

InstituionRecorded OnShares
Jones Financial Companies Lllp2024-06-30
300
Bank Of America Corp2024-06-30
27.0
Royal Bank Of Canada2024-06-30
10.0
Jpmorgan Chase & Co2024-06-30
9.0
Acadian Asset Management Llc2024-06-30
0.0
Fidelity Management And Research Company2024-06-30
0.0
Citadel Advisors Llc2024-09-30
0.0
Innealta Capital, Llc2024-09-30
0.0
Renaissance Technologies Corp2024-09-30
273.4 K
Noesis Capital Management2024-09-30
215.6 K
Vanguard Group Inc2024-09-30
147.2 K
View Taitron Components Diagnostics

Taitron Components Historical Income Statement

At this time, Taitron Components' Net Income From Continuing Ops is comparatively stable compared to the past year. Non Operating Income Net Other is likely to gain to about 328.4 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 4.7 M in 2024. View More Fundamentals

Taitron Stock Against Markets

Taitron Components Corporate Executives

Elected by the shareholders, the Taitron Components' board of directors comprises two types of representatives: Taitron Components inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Taitron. The board's role is to monitor Taitron Components' management team and ensure that shareholders' interests are well served. Taitron Components' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Taitron Components' outside directors are responsible for providing unbiased perspectives on the board's policies.
David VanderhorstCFO and Corporate SecretaryProfile

Additional Tools for Taitron Stock Analysis

When running Taitron Components' price analysis, check to measure Taitron Components' 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 Taitron Components is operating at the current time. Most of Taitron Components' value examination focuses on studying past and present price action to predict the probability of Taitron Components' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taitron Components' price. Additionally, you may evaluate how the addition of Taitron Components to your portfolios can decrease your overall portfolio volatility.