Taptica International (LON:TAP) Trading 15.4% Higher – What’s Next?

Taptica International Ltd (LON:TAP) traded up 15.4% during mid-day trading on Friday . The company traded as high as GBX 1.40 and last traded at GBX 1.39. 968,340 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 1,453,846 shares. The stock had previously closed at GBX 1.20.

Taptica International Stock Up 36.7%

The company has a debt-to-equity ratio of 10.20, a current ratio of 2.06 and a quick ratio of 2.03. The stock’s fifty day simple moving average is GBX 1.28 and its 200-day simple moving average is GBX 1.70. The stock has a market cap of £12.21 million and a P/E ratio of -1.96.

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