How to Buy Taoping Stock
Taoping Inc
Taoping Inc. provides cloud-based platform, resource sharing, and big data solutions to the Chinese new media, education residential community management, and elevator Internet of Things (IoT) industries in the People's Republic of China.
Taoping stock last closed at $1.06, down 1.85% from the previous day, and has decreased 83.69% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.98 percentage points. Taoping stock is currently +40.4% from its 52-week low of $0.76, and -89.61% from its 52-week high of $10.20.
As of Apr 24, 2024, there are 1.84M shares of TAOP outstanding. The market cap of TAOP is $1.95M. In the past 24 hours, 99,435 TAOP shares were traded.
How to Buy Taoping Stock
Not sure how to invest in Taoping stock? Here's how.
- Figure out where to buy Taoping stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Taoping stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Pick your method of payment and add your info.
- Analyze Taoping stock: The Taoping ticker symbol is TAOP. Is Taoping stock a good investment? Should you buy shares of TAOP? How do TAOP's underlying business fundamentals look? Do top analysts think Taoping is a good buy? Why has TAOP's stock price moved recently? (Hint: Our stock market research website can help you understand if TAOP is a good stock to buy).
- Place your TAOP trade: Decide if you will purchase TAOP shares at the current market price or use a limit order to purchase TAOP stock at a specific price.
- Get the latest scoop on your TAOP position: Create a watchlist to key updates about your position in Taoping shares.
Step 1: Figure out where to buy Taoping stock
You will need an online brokerage account in order to access the NASDAQ market and buy TAOP shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global markets: From Technology to Real Estate, New York to Tokyo — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal info so you can invest in TAOP today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've filled out your info on one of the best stock market apps, you can securely and quickly fund your account:
Watch the video below for more details depositing funds into your new investment account.
Step 4: Analyze Taoping stock
Once you have figured out the best place to buy Taoping stock, it's absolutely critical to research their stock prior to buying, so you actually wrap your head around the risk as well as the upside.
Taoping stock quick numbers
TAOP Overview
WallStreetZen was built to help average investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on TAOP's stock page.
Is TAOP stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge TAOP's intrinsic value.
Using relative valuations measures:
- TAOP may be undervalued based on its P/B ratio of 0.21x, relative to Software - Infrastructure industry P/B ratio of 11.8x
You can do additional valuation research on TAOP's stock here.
TAOP Financial Overview
Pros:
- There are more short-term assets than short-term liabilities on the TAOP balance sheet.
- There are more short-term assets than long-term liabilities on the TAOP balance sheet.
- Total TAOP debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- TAOP has cash burn of 3510574. It does not have sufficient cash and short-term investments to cover this.
- TAOP profit margin has gone down from 10.7% to -24.8% in the past year.
- TAOP has a relatively high debt to equity ratio of 2.
- TAOP has $460.15k in cash and short term investments. This is not sufficient to cover its annual cash burn of $3.51M.
TAOP Trading Indicators
Is TAOP Making Money?
Last year, TAOP revenue was $27.77M. Over the past 5 year, TAOP's revenue has gone up by 3.12% per year. This was slower than the Software - Infrastructure industry average of 17.1%.
Learn more about TAOP's earnings and revenue performance here.
Are TAOP executives and large shareholders buying or selling the stock?
Over the last year, executives and large shareholders at TAOP have not bought or sold any shares.
Learn more about who owns TAOP stock here.
Can I rely on TAOP as an income stream?
No, Taoping doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your TAOP trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open button and eToro will execute the order.
If you need additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your TAOP position
Now that you own some shares in TAOP, you'll want to keep up with your new company.
Put TAOP on a watchlist to track the latest developments regarding your TAOP stock.
TAOP Feed
How to Buy Stock in Taoping
To reiterate, here are the 6 steps to buy stock in Taoping:
- Figure out where to buy Taoping stock
- Create a brokerage account
- Put funds into your investment account
- Analyze Taoping stock
- Place your TAOP trade
- Get the latest scoop on your TAOP position
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Taoping, get started below.
More Articles You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.