Equities research analysts at StockNews.com began coverage on shares of Taitron Components (NASDAQ:TAIT – Get Rating) in a research note issued to investors on Thursday. The firm set a “hold” rating on the stock.
Taitron Components Stock Performance
Taitron Components stock opened at $3.57 on Thursday. The business has a 50-day simple moving average of $3.75 and a 200 day simple moving average of $3.75. Taitron Components has a 52 week low of $3.16 and a 52 week high of $4.32.
Hedge Funds Weigh In On Taitron Components
A hedge fund recently raised its stake in Taitron Components stock. Dimensional Fund Advisors LP increased its stake in Taitron Components Incorporated (NASDAQ:TAIT – Get Rating) by 13.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,232 shares of the company’s stock after acquiring an additional 4,668 shares during the period. Dimensional Fund Advisors LP owned about 0.65% of Taitron Components worth $148,000 as of its most recent SEC filing. 15.50% of the stock is owned by institutional investors.
About Taitron Components
Taitron Components, Inc engages in the manufacture and distribution of original designed and manufactured products and electronic components. It also offers discrete semiconductors and commodity integrated circuits, optoelectronic devices, passive components, and value-added engineering and turnkey services.
Further Reading
- Get a free copy of the StockNews.com research report on Taitron Components (TAIT)
- Penny Stock Wag! Group Co. Has Solid Sell-Side Support
- Staples Stocks Get Lift From Conagra Results, New Highs In Sight
- SGH Bottomed, But Can It Reverse And Move Higher?
- Is Pinterest Showing Signs of an Improving Ad Market?
- At 3x Earnings, Avis Budget Is Worth Taking for a Spin
Receive News & Ratings for Taitron Components Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taitron Components and related companies with MarketBeat.com's FREE daily email newsletter.
