Tapinator (OTCMKTS:TAPM) Shares Pass Below Fifty Day Moving Average – What’s Next?

Tapinator, Inc. (OTCMKTS:TAPM)’s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.24 and traded as low as $0.1560. Tapinator shares last traded at $0.1560, with a volume of 95 shares trading hands.

Tapinator Trading Down 0.2%

The firm’s fifty day simple moving average is $0.24 and its 200 day simple moving average is $0.32. The company has a market cap of $425,880.00, a price-to-earnings ratio of -1.42 and a beta of 1.32.

Tapinator (OTCMKTS:TAPM) last released its quarterly earnings data on Thursday, November 6th. The technology company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $1.11 million for the quarter.

About Tapinator

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.