Taptica International (LON:TAP) Trading Down 13.8% – Here’s What Happened

Taptica International Ltd (LON:TAP) traded down 13.8% on Monday . The company traded as low as GBX 0.93 and last traded at GBX 0.94. 41,440 shares were traded during mid-day trading, a decline of 97% from the average session volume of 1,584,251 shares. The stock had previously closed at GBX 1.09.

Taptica International Trading Down 13.9%

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 business’s 50 day moving average price is GBX 1.34 and its 200-day moving average price is GBX 1.81. The firm has a market cap of £6.95 million and a price-to-earnings ratio of -1.12.

Taptica International (LON:TAP) last posted its quarterly earnings results on Tuesday, March 31st. The company reported GBX 0.07 earnings per share (EPS) for the quarter. The firm had revenue of GBX 167 million for 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.