Taptica International (LON:TAP) Shares Down 26.3% – What’s Next?

Taptica International Ltd (LON:TAP) traded down 26.3% during trading on Tuesday . The stock traded as low as GBX 1.10 and last traded at GBX 1.29. 5,378,479 shares traded hands during mid-day trading, an increase of 198% from the average session volume of 1,806,416 shares. The stock had previously closed at GBX 1.75.

Taptica International Trading Down 3.9%

The stock has a 50-day simple moving average of GBX 1.50 and a two-hundred day simple moving average of GBX 1.92. The company has a debt-to-equity ratio of 10.20, a quick ratio of 2.03 and a current ratio of 2.06. The firm has a market cap of £8.94 million and a PE ratio of -1.56.

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

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.