Tintra (LON:TNT) Shares Down 13.3% – Here’s Why

Tintra PLC (LON:TNT)’s share price fell 13.3% during mid-day trading on Wednesday . The company traded as low as GBX 31 ($0.39) and last traded at GBX 32.50 ($0.41). 26,630 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 82,545 shares. The stock had previously closed at GBX 37.50 ($0.48).

Tintra Stock Down 13.3 %

The company has a debt-to-equity ratio of 5.66, a quick ratio of 0.73 and a current ratio of 3.02. The firm has a market capitalization of £5.76 million, a PE ratio of -171.05 and a beta of -0.04. The business’s 50 day moving average price is GBX 32.50 and its 200-day moving average price is GBX 32.50.

Tintra Company Profile

Tintra PLC focuses on developing banking infrastructure and technology solutions. It provides administrative operating, lottery, payment processing, foreign exchange, and payment intermediary services, as well as holds software licenses. The company also offers software as a service (SaaS) solutions.