Tapinator (OTCMKTS:TAPM) Stock Passes Below 50 Day Moving Average – Here’s What Happened

Tapinator, Inc. (OTCMKTS:TAPMGet Free Report) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.27 and traded as low as $0.1550. Tapinator shares last traded at $0.1550, with a volume of 4,187 shares trading hands.

Tapinator Stock Performance

The firm has a market cap of $423,150.00, a PE ratio of -1.41 and a beta of 1.32. The stock has a 50 day simple moving average of $0.26 and a 200-day simple moving average of $0.33.

Tapinator (OTCMKTS:TAPMGet Free Report) last announced its quarterly earnings data on Thursday, November 6th. The technology company reported ($0.01) EPS for the quarter. The firm had revenue of $1.11 million during the quarter.

About Tapinator

(Get Free Report)

Tapinator, Inc is a mobile game developer and publisher specializing in the creation, marketing and distribution of interactive entertainment applications for smartphones and tablets. The company focuses on casual and hypercasual game genres, employing a data-driven approach to iterate rapidly on ideas, optimize user engagement and monetize through in-app advertising and microtransactions. Tapinator’s development pipeline spans puzzle, arcade, simulation and social gaming experiences designed to attract broad audiences and maximize retention.

Headquartered in New York City, Tapinator distributes its titles globally through leading platforms, including the Apple App Store and Google Play.

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