Taptica International (LON:TAP) Stock Price Down 12% – What’s Next?

Taptica International Ltd (LON:TAP) was down 12% on Thursday . The company traded as low as GBX 1.10 and last traded at GBX 1.10. Approximately 871,386 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 1,458,440 shares. The stock had previously closed at GBX 1.25.

Taptica International Stock Performance

The company has a market capitalization of £8.19 million and a price-to-earnings ratio of -1.31. The stock has a fifty day moving average price of GBX 1.28 and a two-hundred day moving average price of GBX 1.71. 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 released its quarterly earnings results on Tuesday, March 31st. The company reported GBX 0.07 earnings per share for the quarter. The company had revenue of GBX 167 million during 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.