Armistice Capital LLC Buys New Shares in AppTech Payments Corp. (NASDAQ:APCX)

Armistice Capital LLC purchased a new stake in shares of AppTech Payments Corp. (NASDAQ:APCX) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 100,000 shares of the company’s stock, valued at approximately $199,000. Armistice Capital LLC owned about 0.48% of AppTech Payments as of its most recent filing with the Securities and Exchange Commission (SEC).

AppTech Payments Stock Up 1.1 %

Shares of AppTech Payments stock traded up $0.01 on Wednesday, reaching $0.85. 12,148 shares of the company were exchanged, compared to its average volume of 118,438. The company has a market capitalization of $21.12 million, a price-to-earnings ratio of -0.92 and a beta of 0.81. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.02. AppTech Payments Corp. has a one year low of $0.80 and a one year high of $4.81. The company has a 50-day moving average of $0.92 and a 200 day moving average of $1.41.

AppTech Payments (NASDAQ:APCX) last announced its quarterly earnings data on Monday, April 1st. The company reported ($0.15) EPS for the quarter. The firm had revenue of $0.14 million during the quarter. AppTech Payments had a negative net margin of 3,538.08% and a negative return on equity of 507.73%.

AppTech Payments Profile

AppTech Payments Corp., a financial technology company, provides electronic payment processing technologies and merchant services in the United States. Its merchant transaction services offer processing payments for credit and debit cards through point-of-sale equipment, e-commerce gateways, periodic automatic clearing house payments, and gift and loyalty programs.