Taptica International (LON:TAP) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Taptica International Ltd (LON:TAPGet Free Report)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 2.29 and traded as low as GBX 1.91. Taptica International shares last traded at GBX 1.91, with a volume of 2,255,403 shares traded.

Taptica International Stock Up 12.8%

The stock has a market cap of £15.94 million and a price-to-earnings ratio of -81.83. 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 firm’s 50-day moving average is GBX 2.29.

Insiders Place Their Bets

In other Taptica International news, insider Manuel De Luque Muntaner purchased 600,000 shares of the stock in a transaction on Tuesday, October 21st. The shares were purchased at an average price 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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