Taitron Components (NASDAQ:TAIT) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of Taitron Components (NASDAQ:TAIT) in a note issued to investors on Monday. The firm set a “hold” rating on the stock.

Taitron Components Trading Down 4.7 %

TAIT stock opened at $2.64 on Monday. The stock has a market cap of $15.89 million, a PE ratio of 11.48 and a beta of 0.49. Taitron Components has a 12 month low of $2.57 and a 12 month high of $3.61. The company has a 50-day moving average price of $2.86 and a 200 day moving average price of $2.87.

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.