AppTech Payments (NASDAQ:APCX) Stock Price Down 1% – Here’s Why

AppTech Payments Corp. (NASDAQ:APCX) shares traded down 1% on Tuesday . The company traded as low as $0.46 and last traded at $0.4750. 21,267 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 54,664 shares. The stock had previously closed at $0.48.

AppTech Payments Stock Down 1.0%

The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.06 and a current ratio of 0.06. The company has a market cap of $18.99 million, a price-to-earnings ratio of -0.99 and a beta of -0.49. The stock’s fifty day moving average is $0.40 and its two-hundred day moving average is $0.34.

About AppTech Payments

AppTech Payments, Inc is a U.S.-based financial technology company that provides ATM and merchant processing services on a nationwide scale. The company specializes in self-service ATM management, encompassing equipment leasing, network operations and maintenance, as well as point-of-sale and card-processing solutions for retailers, restaurants and other high-traffic venues.

Through a combination of proprietary hardware and software platforms, AppTech Payments offers services including ATM sales and placements, cash replenishment, reconciliation and settlement, alongside credit, debit and check authorization.