Taitron Components Incorporated (NASDAQ:TAIT) traded at a new 52-week high today of $5.82. This new high was reached on above average trading volume as 302,000 shares traded hands, while the average 30-day volume is approximately 128,000 shares.
Taitron Components Incorporated (NASDAQ:TAIT) is currently priced 19.6% above its average consensus analyst price target of $4.58.
In the past 52 weeks, Taitron Components Incorporated share prices are bracketed by a low of $2.20 and a high of $5.82 and is now at $5.70, 159% above that low price.
Taitron Components Inc is a supplier of original designed and manufactured (ODM) products that include value-added engineering and turn-key solutions. It focuses on providing original equipment manufacturers (OEMs) and contract electronic manufacturers (CEMs) with ODM products for their multi-year turn-key projects and ODM electronic components. Its product offerings range from discrete semiconductors through small electronic devices. The company also distributes brand name electronic components with a vast inventory available on hand. Its Taiwan and China locations provide support for inventory sourcing, purchases and coordinating the manufacture of ODM Projects and ODM Components.
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