Taptica International (LON:TAP) Announces Earnings Results

Taptica International (LON:TAP) posted its earnings results on Friday. The company reported GBX 0.01 earnings per share for the quarter, Digital Look Earnings reports.

Taptica International Stock Down 2.6%

Taptica International stock opened at GBX 2.29 on Friday. The stock has a market cap of £17.02 million and a price-to-earnings ratio of -87.40. Taptica International has a 52 week low of GBX 0.80 and a 52 week high of GBX 3.40. The stock has a 50-day simple moving average of GBX 2.22. The company has a quick ratio of 2.03, a current ratio of 2.06 and a debt-to-equity ratio of 10.20.

Insiders Place Their Bets

In related news, insider Manuel De Luque Muntaner bought 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, for a total transaction of £18,000.

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.