Cuentas (NASDAQ:CUEN) Trading Up 16.5% – Still a Buy?

Cuentas Inc. (NASDAQ:CUENGet Free Report)’s share price rose 16.5% during trading on Monday . The stock traded as high as $0.6989 and last traded at $0.6989. Approximately 11,820 shares were traded during mid-day trading, an increase of 47% from the average daily volume of 8,063 shares. The stock had previously closed at $0.60.

Cuentas Stock Down 9.1%

The firm has a market cap of $1.73 million, a PE ratio of -3.02 and a beta of -16.84. The business has a 50 day simple moving average of $0.40 and a two-hundred day simple moving average of $0.29.

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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