Cuentas (NASDAQ:CUEN) Shares Down 3.8% – Time to Sell?

Cuentas Inc. (NASDAQ:CUEN – Get Free Report)’s stock price dropped 3.8% during mid-day trading on Friday . The company traded as low as $0.25 and last traded at $0.3175. Approximately 831 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 7,852 shares. The stock had previously closed at $0.3299.

Cuentas Price Performance

The business has a 50 day simple moving average of $0.28 and a 200 day simple moving average of $0.21. The company has a market cap of $866,775.00, a price-to-earnings ratio of -1.51 and a beta of -18.09.

About Cuentas

(Get Free Report)

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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