Taptica International (LON:TAP) Stock Price Down 2.7% – Time to Sell?

Taptica International Ltd (LON:TAP)’s share price dropped 2.7% during trading on Wednesday . The stock traded as low as GBX 1.70 and last traded at GBX 1.80. Approximately 7,705,551 shares were traded during trading, an increase of 337% from the average daily volume of 1,763,886 shares. The stock had previously closed at GBX 1.85.

Taptica International Trading Down 13.8%

The firm has a market cap of £11.88 million and a P/E ratio of -2.07. The business’s 50 day moving average is GBX 1.99 and its 200-day moving average is GBX 1.82. The company has a quick ratio of 2.03, a current ratio of 2.06 and a debt-to-equity ratio of 10.20.

Taptica International (LON:TAP) last posted its quarterly earnings data on Friday, January 2nd. The company reported GBX 0.01 EPS for the quarter.

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.