Taptica International (LON:TAP) Trading Down 10.7% – Time to Sell?

Taptica International Ltd (LON:TAP) shares dropped 10.7% during trading on Tuesday . The company traded as low as GBX 1 and last traded at GBX 1. Approximately 121,933 shares were traded during trading, a decline of 92% from the average daily volume of 1,533,926 shares. The stock had previously closed at GBX 1.12.

Taptica International Stock Down 10.7%

The company has a current ratio of 2.06, a quick ratio of 2.03 and a debt-to-equity ratio of 10.20. The stock has a 50-day simple moving average of GBX 1.31 and a 200-day simple moving average of GBX 1.77. The company has a market cap of £7.45 million and a price-to-earnings ratio of -1.20.

Taptica International (LON:TAP) last announced its quarterly earnings results on Tuesday, March 31st. The company reported GBX 0.07 earnings per share (EPS) for the quarter. The business had revenue of GBX 167 million for the quarter.

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.