Tapinator (OTCMKTS:TAPM) Stock Crosses Below 50 Day Moving Average – Time to Sell?

Tapinator, Inc. (OTCMKTS:TAPMGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.27 and traded as low as $0.1550. Tapinator shares last traded at $0.1550, with a volume of 4,187 shares trading hands.

Tapinator Price Performance

The company has a market capitalization of $423,150.00, a P/E ratio of -1.41 and a beta of 1.32. The stock’s 50 day moving average is $0.27 and its 200-day moving average is $0.33.

Tapinator (OTCMKTS:TAPMGet Free Report) last posted its quarterly earnings data on Thursday, November 6th. The technology company reported ($0.01) earnings per share for the quarter. The business had revenue of $1.11 million during the quarter.

About Tapinator

(Get Free Report)

Tapinator, Inc is a mobile game developer and publisher specializing in the creation, marketing and distribution of interactive entertainment applications for smartphones and tablets. The company focuses on casual and hypercasual game genres, employing a data-driven approach to iterate rapidly on ideas, optimize user engagement and monetize through in-app advertising and microtransactions. Tapinator’s development pipeline spans puzzle, arcade, simulation and social gaming experiences designed to attract broad audiences and maximize retention.

Headquartered in New York City, Tapinator distributes its titles globally through leading platforms, including the Apple App Store and Google Play.

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