Taptica International (LON:TAP) Trading Up 7% – Still a Buy?

Shares of Taptica International Ltd (LON:TAP) were up 7% during mid-day trading on Tuesday . The company traded as high as GBX 2.30 and last traded at GBX 2.30. Approximately 560,172 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 2,035,623 shares. The stock had previously closed at GBX 2.15.

Taptica International Price Performance

The company’s 50-day moving average price is GBX 2.24. The firm has a market cap of £17.10 million and a price-to-earnings ratio of -87.79. The company has a quick ratio of 2.03, a current ratio of 2.06 and a debt-to-equity ratio of 10.20.

Insider Transactions at Taptica International

In other Taptica International news, insider Manuel De Luque Muntaner purchased 600,000 shares of the stock in a transaction that occurred on Tuesday, October 21st. The shares were bought at an average cost of GBX 3 per share, with a total value of £18,000.

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.