Shares of Cuentas Inc. (NASDAQ:CUEN – Get Free Report) were up 56.9% during mid-day trading on Wednesday . The stock traded as high as $0.63 and last traded at $0.6278. Approximately 9,261 shares traded hands during trading, an increase of 27% from the average session volume of 7,317 shares. The stock had previously closed at $0.4002.
Cuentas Price Performance
The business has a fifty day simple moving average of $0.52 and a two-hundred day simple moving average of $0.36. The company has a market cap of $1.71 million, a PE ratio of -2.99 and a beta of -16.76.
Cuentas Company Profile
Cuentas, Inc is a financial technology company that provides digital financial services and payment products to consumers who may be underserved by traditional banks. The company focuses particularly on Hispanic and Latino communities in the United States, offering tools intended to support everyday money management and access to electronic payments.
Its product offerings have included the Cuentas Card, a prepaid payment card, and the Cuentas mobile application. Through these platforms, customers may access services such as mobile connectivity, bill payment, money transfers, direct deposit and other digital financial functions.
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