Taptica International (LON:TAP) Stock Price Up 12.9% – Still a Buy?

Taptica International Ltd (LON:TAP)’s stock price rose 12.9% on Thursday . The company traded as high as GBX 1.30 and last traded at GBX 1.30. Approximately 1,036,981 shares were traded during trading, a decline of 31% from the average daily volume of 1,512,636 shares. The stock had previously closed at GBX 1.15.

Taptica International Price Performance

The company has a quick ratio of 2.03, a current ratio of 2.06 and a debt-to-equity ratio of 10.20. The stock has a market cap of £8.95 million and a P/E ratio of -1.44. The business’s 50-day simple moving average is GBX 1.30 and its two-hundred day simple moving average is GBX 1.76.

Taptica International (LON:TAP) last announced 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 during 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.