Taptica International (LON:TAP) Trading Down 4.3% – Time to Sell?

Taptica International Ltd (LON:TAP) shares fell 4.3% during mid-day trading on Tuesday . The company traded as low as GBX 1 and last traded at GBX 1.15. Approximately 2,667,895 shares changed hands during mid-day trading, an increase of 77% from the average daily volume of 1,508,940 shares. The stock had previously closed at GBX 1.20.

Taptica International Price Performance

The company has a market capitalization of £8.55 million and a P/E ratio of -1.37. The company has a debt-to-equity ratio of 10.20, a current ratio of 2.06 and a quick ratio of 2.03. The firm’s 50-day moving average is GBX 1.27 and its 200-day moving average is GBX 1.34.

Taptica International Company Profile

Tap Global Group Plc bridges the gap between traditional finance and blockchain technology. It offers over 390,000 individual and business customers an innovative and fully integrated fiat payments and cryptocurrency settlement service including access to several major cryptocurrency exchanges. Through the Tap app, customers can trade over 50 cryptocurrencies and store them directly in their customer wallet, while benefiting from proprietary AI middleware for real-time best-execution and pricing.

Tap Group’s European business, Tap Global Limited, was the first cryptocurrency FinTech company to be approved by Mastercard in Europe.