Taptica International (LON:TAP) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Shares of Taptica International Ltd (LON:TAP) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 125 ($1.62) and traded as high as GBX 127.50 ($1.65). Taptica International shares last traded at GBX 125 ($1.62), with a volume of 1,625,144 shares trading hands.

Taptica International Stock Up 0.8 %

The company has a debt-to-equity ratio of 10.20, a quick ratio of 2.03 and a current ratio of 2.06. The stock has a market cap of £158.78 million and a price-to-earnings ratio of 3.93. The firm’s 50-day simple moving average is GBX 125 and its two-hundred day simple moving average is GBX 125.

Taptica International Company Profile

Taptica International Ltd, together with its subsidiaries, engages in the mobile advertising technologies business. The company provides data-focused marketing solutions that execute brand insights on mobile by leveraging video, native, and display to reach the users by application, service, and brands.