AppTech Payments (NASDAQ:APCX) Trading Up 2.6% – Here’s What Happened

AppTech Payments Corp. (NASDAQ:APCX)’s stock price was up 2.6% on Thursday . The stock traded as high as $0.52 and last traded at $0.52. Approximately 232,855 shares traded hands during mid-day trading, an increase of 68% from the average daily volume of 138,951 shares. The stock had previously closed at $0.51.

AppTech Payments Trading Up 2.6 %

The firm has a market cap of $14.38 million, a PE ratio of -1.08 and a beta of 0.68. The company’s fifty day moving average price is $0.65 and its two-hundred day moving average price is $0.83. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.04.

Institutional Trading of AppTech Payments

An institutional investor recently bought a new position in AppTech Payments stock. Moss Adams Wealth Advisors LLC bought a new position in shares of AppTech Payments Corp. (NASDAQ:APCX) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 40,000 shares of the company’s stock, valued at approximately $38,000. Moss Adams Wealth Advisors LLC owned about 0.16% of AppTech Payments at the end of the most recent quarter. Institutional investors own 5.15% of the company’s stock.

AppTech Payments Company Profile

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.