Taptica International (LON:TAP) Announces Earnings Results

Taptica International (LON:TAP) posted its quarterly earnings results on Tuesday. The company reported GBX 0.07 earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 167 million for the quarter.

Taptica International Stock Down 4.0%

Shares of LON:TAP traded down GBX 0.05 during midday trading on Thursday, hitting GBX 1.20. The stock had a trading volume of 113,548 shares, compared to its average volume of 1,831,111. The company has a market cap of £8.94 million and a P/E ratio of -1.56. Taptica International has a 12 month low of GBX 0.80 and a 12 month high of GBX 3.40. The business’s 50-day simple moving average is GBX 1.50 and its 200-day simple moving average is GBX 1.92. The company has a quick ratio of 2.03, a current ratio of 2.06 and a debt-to-equity ratio of 10.20.

About Taptica International

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.