AppTech Payments Corp. (NASDAQ:APCX – Get Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 227,600 shares, a growth of 116.6% from the February 13th total of 105,100 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average trading volume of 3,690,000 shares, the short-interest ratio is presently 0.1 days.
AppTech Payments Trading Down 1.4 %
Shares of APCX stock opened at $0.38 on Friday. The firm has a 50 day moving average price of $0.44 and a two-hundred day moving average price of $0.57. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $10.37 million, a PE ratio of -0.78 and a beta of -0.10. AppTech Payments has a 12-month low of $0.31 and a 12-month high of $1.70.
Institutional Investors Weigh In On AppTech Payments
A hedge fund recently raised its stake in AppTech Payments stock. Moss Adams Wealth Advisors LLC increased its holdings in AppTech Payments Corp. (NASDAQ:APCX – Free Report) by 112.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,000 shares of the company’s stock after buying an additional 45,000 shares during the period. Moss Adams Wealth Advisors LLC owned 0.31% of AppTech Payments worth $44,000 as of its most recent filing with the Securities and Exchange Commission. 5.15% of the stock is currently owned by hedge funds and other institutional investors.
About AppTech Payments
AppTech Payments Corp., a financial technology company, provides electronic payment processing technologies and merchant services in the United States. Its merchant transaction services offer processing payments for credit and debit cards through point-of-sale equipment, e-commerce gateways, periodic automatic clearing house payments, and gift and loyalty programs.
Read More
- Five stocks we like better than AppTech Payments
- The How And Why of Investing in Oil Stocks
- 3 Undervalued Stocks You Can Buy at a Discount Now
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- AMD Stock: Can the PC Refresh Cycle Spark a Rally?
- Most active stocks: Dollar volume vs share volume
- Micron Stock Spikes 7%—3 Key Catalysts Behind the Move
Receive News & Ratings for AppTech Payments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AppTech Payments and related companies with MarketBeat.com's FREE daily email newsletter.
