Taptica International (LON:TAP) Trading Down 11.8% – Time to Sell?

Taptica International Ltd (LON:TAPGet Free Report) traded down 11.8% during mid-day trading on Tuesday . The stock traded as low as GBX 2.20 and last traded at GBX 2.25. 3,872,741 shares were traded during mid-day trading, an increase of 71% from the average session volume of 2,269,163 shares. The stock had previously closed at GBX 2.55.

Taptica International Price Performance

The company has a 50 day moving average of GBX 2.06. The stock has a market cap of £15.32 million and a PE ratio of -78.66. The company has a debt-to-equity ratio of 10.20, a quick ratio of 2.03 and a current ratio of 2.06.

Insiders Place Their Bets

In other news, insider Manuel De Luque Muntaner purchased 600,000 shares of the stock in a transaction dated Tuesday, October 21st. The shares were purchased at an average cost of GBX 3 per share, with a total value of £18,000.

About Taptica International

(Get Free Report)

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.

Further Reading

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