Taptica International (LON:TAP) Stock Price Down 3.8% – Here’s What Happened

Taptica International Ltd (LON:TAP) shares dropped 3.8% during trading on Friday . The stock traded as low as GBX 1.40 and last traded at GBX 1.54. Approximately 2,321,693 shares were traded during mid-day trading, an increase of 56% from the average daily volume of 1,487,345 shares. The stock had previously closed at GBX 1.60.

Taptica International Price Performance

The business’s fifty day simple moving average is GBX 1.88 and its 200-day simple moving average is GBX 1.83. 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 firm has a market cap of £11.47 million and a P/E ratio of -2.00.

Taptica International (LON:TAP) last announced its quarterly earnings results on Friday, January 2nd. The company reported GBX 0.01 EPS 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.