Shares of Taptica International Ltd (LON:TAP) shot up 6.5% during trading on Friday . The company traded as high as GBX 173.19 ($2.26) and last traded at GBX 172.50 ($2.25). 243,087 shares traded hands during mid-day trading, an increase of 55% from the average session volume of 157,332 shares. The stock had previously closed at GBX 162 ($2.12).
Several brokerages have recently weighed in on TAP. FinnCap reissued a “corporate” rating on shares of Taptica International in a report on Tuesday, April 2nd. Berenberg Bank cut their target price on Taptica International from GBX 340 ($4.44) to GBX 300 ($3.92) and set a “buy” rating for the company in a research note on Thursday, March 21st.
The firm has a market cap of $114.07 million and a PE ratio of 5.22. The company has a current ratio of 2.06, a quick ratio of 2.03 and a debt-to-equity ratio of 10.20.
About Taptica International (LON:TAP)
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.
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