Somewhat Positive Media Coverage Somewhat Unlikely to Affect Taitron Components (TAIT) Stock Price

Media stories about Taitron Components (NASDAQ:TAIT) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Taitron Components earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.8701314311291 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Separately, TheStreet upgraded Taitron Components from a “c” rating to a “b-” rating in a report on Tuesday, May 22nd.

NASDAQ:TAIT traded up $0.02 during midday trading on Thursday, hitting $1.70. 200 shares of the company traded hands, compared to its average volume of 21,925. Taitron Components has a 12-month low of $1.22 and a 12-month high of $2.13. The company has a debt-to-equity ratio of 0.04, a quick ratio of 6.34 and a current ratio of 12.63.

The business also recently declared a quarterly dividend, which was paid on Thursday, May 31st. Investors of record on Tuesday, May 15th were issued a dividend of $0.025 per share. The ex-dividend date was Monday, May 14th. This represents a $0.10 annualized dividend and a yield of 5.88%.

About Taitron Components

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, passive components, transistors, and diodes.

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