Taptica International (LON:TAP) Stock Price Up 52% – Should You Buy?

Taptica International Ltd (LON:TAP)’s stock price rose 52% during trading on Friday . The company traded as high as GBX 1.90 and last traded at GBX 1.90. Approximately 2,642,619 shares were traded during mid-day trading, an increase of 58% from the average daily volume of 1,677,051 shares. The stock had previously closed at GBX 1.25.

Taptica International Stock Performance

The company has a market capitalization of £14.15 million and a P/E ratio of -2.47. The business has a 50 day moving average of GBX 1.52 and a 200 day moving average of GBX 1.93. 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 data on Friday, January 2nd. The company reported GBX 0.01 earnings per share (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.