Taptica International (LON:TAP) Stock Falls 0.5% – Here’s Why

Shares of Taptica International Ltd (LON:TAP) traded down 0.5% during mid-day trading on Friday. The stock traded as low as GBX 1.02 and last traded at GBX 1.02. Approximately 98,710 shares changed hands during trading, a decline of 93% from the average session volume of 1,475,773 shares. The stock had previously closed at GBX 1.02.

Taptica International Stock Down 0.5%

The business’s 50 day moving average is GBX 1.13 and its 200 day moving average is GBX 1.28. 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 company has a market cap of £7.60 million and a P/E ratio of -1.22.

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.