Taitron Components (NASDAQ:TAIT) Earns Hold Rating from Analysts at StockNews.com - Defense World

Posted by Defense World Staff on Mar 10th, 2025

Stock analysts at StockNews.com initiated coverage on shares of Taitron Components (NASDAQ:TAIT – Get Free Report) in a research report issued on Monday. The brokerage set a “hold” rating on the stock.

Shares of NASDAQ:TAIT opened at $2.55 on Monday. The firm has a market capitalization of $15.32 million, a PE ratio of 11.07 and a beta of 0.43. The firm’s 50-day moving average is $2.60 and its two-hundred day moving average is $2.73. Taitron Components has a 1 year low of $2.52 and a 1 year high of $3.30.

An institutional investor recently bought a new position in Taitron Components stock. Soltis Investment Advisors LLC purchased a new position in shares of Taitron Components Incorporated (NASDAQ:TAIT – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,622 shares of the company’s stock, valued at approximately $56,000. Soltis Investment Advisors LLC owned 0.36% of Taitron Components at the end of the most recent reporting period. 18.09% of the stock is owned by institutional investors.

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.

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