Taoping (NASDAQ:TAOP) Stock Price Down 4.7% – Here’s Why

Shares of Taoping Inc. (NASDAQ:TAOPGet Free Report) fell 4.7% during mid-day trading on Wednesday . The company traded as low as $0.19 and last traded at $0.20. 263,469 shares changed hands during trading, a decline of 80% from the average session volume of 1,310,366 shares. The stock had previously closed at $0.21.

Taoping Trading Down 4.7 %

The firm has a fifty day moving average price of $0.25 and a 200 day moving average price of $0.32.

About Taoping

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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. It operates through Cloud-Based Technology and Traditional Information Technology segments.

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