Taptica International (LON:TAP) Stock Price Up 12.9% – Still a Buy?

Taptica International Ltd (LON:TAP) shares rose 12.9% on Thursday . The stock traded as high as GBX 1.30 and last traded at GBX 1.30. Approximately 1,036,981 shares changed hands during trading, a decline of 31% from the average daily volume of 1,512,636 shares. The stock had previously closed at GBX 1.15.

Taptica International Stock Performance

The company has a market cap of £8.95 million and a P/E ratio of -1.44. The company’s 50-day moving average is GBX 1.30 and its two-hundred day moving average is GBX 1.76. 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 issued its earnings results on Tuesday, March 31st. The company reported GBX 0.07 earnings per share 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.