Cuentas (NASDAQ:CUEN) Stock Price Up 4.4% – Should You Buy?

Cuentas Inc. (NASDAQ:CUENGet Free Report) rose 4.4% during mid-day trading on Wednesday . The stock traded as high as $0.2974 and last traded at $0.2974. Approximately 1,033 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 7,046 shares. The stock had previously closed at $0.2850.

Cuentas Stock Performance

The stock has a market cap of $819,000.00, a P/E ratio of -1.43 and a beta of -17.13. The company’s 50 day moving average price is $0.24 and its 200-day moving average price is $0.15.

About Cuentas

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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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