AppTech Payments (NASDAQ:APCX) Shares Up 9.8% – Should You Buy?
by Jessica Moore · The Cerbat GemAppTech Payments Corp. (NASDAQ:APCX – Get Free Report)’s stock price was up 9.8% during mid-day trading on Wednesday . The company traded as high as $0.40 and last traded at $0.3844. 152,930 shares changed hands during mid-day trading, an increase of 132% from the average session volume of 66,006 shares. The stock had previously closed at $0.35.
AppTech Payments Trading Up 8.1%
The company has a 50-day simple moving average of $0.34 and a 200 day simple moving average of $0.39. The company has a market capitalization of $16.80 million, a P/E ratio of -0.83 and a beta of -0.44. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.06 and a current ratio of 0.06.
About AppTech Payments
AppTech Payments, Inc is a U.S.-based financial technology company that provides ATM and merchant processing services on a nationwide scale. The company specializes in self-service ATM management, encompassing equipment leasing, network operations and maintenance, as well as point-of-sale and card-processing solutions for retailers, restaurants and other high-traffic venues.
Through a combination of proprietary hardware and software platforms, AppTech Payments offers services including ATM sales and placements, cash replenishment, reconciliation and settlement, alongside credit, debit and check authorization.