Taptica International (LON:TAP) Shares Down 6.5% – Should You Sell?

Taptica International Ltd (LON:TAP) shares fell 6.5% on Friday . The company traded as low as GBX 1 and last traded at GBX 1.07. 1,810,901 shares were traded during mid-day trading, an increase of 28% from the average daily volume of 1,419,744 shares. The stock had previously closed at GBX 1.15.

Taptica International Stock Down 6.5%

The company has a quick ratio of 2.03, a current ratio of 2.06 and a debt-to-equity ratio of 10.20. The firm has a market capitalization of £8.00 million and a PE ratio of -1.28. The business has a 50-day moving average price of GBX 1.22 and a 200-day moving average price of GBX 1.27.

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.