Cuentas (NASDAQ:CUEN) Trading Up 4.2% – Here’s Why

Shares of Cuentas Inc. (NASDAQ:CUENGet Free Report) traded up 4.2% during mid-day trading on Tuesday . The stock traded as high as $0.25 and last traded at $0.25. 4,353 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 5,921 shares. The stock had previously closed at $0.24.

Cuentas Price Performance

The stock has a fifty day moving average of $0.09 and a 200 day moving average of $0.04. The firm has a market capitalization of $682,500.00, a P/E ratio of -1.19 and a beta of -20.06.

Cuentas Company Profile

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Cuentas Inc, together with its subsidiaries, provides mobile financial, prepaid debit, and digital content services to the unbanked, underbanked, and underserved communities in the United States. It operates through three segments: Telecommunications, Wholesale Telecommunication services, and Digital Products and General Purpose Reloadable (GPR) Cards. It offers prepaid voice, text, and data mobile phone services; and domestic and international long-distance voice, text, and data telephony services.

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