Media stories about Taitron Components (NASDAQ:TAIT) have trended somewhat negative recently, Alpha One Sentiment Analysis reports. Alpha One, a division of Accern, scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Taitron Components earned a news impact score of -0.12 on Alpha One’s scale. Alpha One also gave media headlines about the company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the next several days.
Separately, TheStreet lowered Taitron Components from a “b-” rating to a “c” rating in a research note on Wednesday, March 1st.
Taitron Components (TAIT) traded up 0.6291% during trading on Friday, reaching $1.5195. The company had a trading volume of 7,296 shares. The company’s market capitalization is $8.40 million. Taitron Components has a 12 month low of $0.98 and a 12 month high of $1.69. The firm’s 50 day moving average is $1.38 and its 200-day moving average is $1.24.
The company also recently announced a quarterly dividend, which was paid on Wednesday, May 31st. Stockholders of record on Monday, May 15th were paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 6.58%. The ex-dividend date was Thursday, May 11th. Taitron Components’s dividend payout ratio (DPR) is currently -20.00%.
In other news, CEO Stewart Wang bought 36,000 shares of the business’s stock in a transaction dated Monday, May 8th. The stock was bought at an average price of $1.00 per share, for a total transaction of $36,000.00. Following the completion of the purchase, the chief executive officer now owns 83,239 shares of the company’s stock, valued at approximately $83,239. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 58.82% of the company’s stock.
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About Taitron Components
Taitron Components Incorporated (Taitron) is a distributor of electronic components and supplier of original designed and manufactured (ODM) electronic components (ODM Components). The Company is engaged in the business of providing distribution and services for electronic components. The Company’s product offerings range from discrete semiconductors to electronic devices.
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