Taitron Components (NASDAQ:TAIT) Coverage Initiated by Analysts at StockNews.com

Posted by Linda Flegge on Mar 13th, 2025

StockNews.com assumed coverage on shares of Taitron Components (NASDAQ:TAIT – Free Report) in a report published on Monday morning. The firm issued a hold rating on the stock.

Taitron Components Trading Up 0.0 %

Shares of TAIT opened at $2.50 on Monday. The company has a market cap of $15.06 million, a PE ratio of 10.87 and a beta of 0.43. The stock has a 50-day moving average price of $2.59 and a 200-day moving average price of $2.72. Taitron Components has a 12-month low of $2.49 and a 12-month high of $3.30.

Taitron Components Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.05 per share. The ex-dividend date was Friday, February 14th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 8.00%. Taitron Components’s dividend payout ratio (DPR) is presently 86.96%.

Institutional Trading of Taitron Components

A hedge fund recently bought a new stake in Taitron Components stock. Soltis Investment Advisors LLC purchased a new stake in shares of Taitron Components Incorporated (NASDAQ:TAIT – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 21,622 shares of the company’s stock, valued at approximately $56,000. Soltis Investment Advisors LLC owned about 0.36% of Taitron Components at the end of the most recent quarter. 18.09% of the stock is currently owned by hedge funds and other institutional investors.

About Taitron Components

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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.