Paltalk, Inc. (NASDAQ:PALT – Get Free Report)’s stock price dropped 0.7% during mid-day trading on Thursday . The stock traded as low as $2.00 and last traded at $2.0250. Approximately 59,588 shares traded hands during trading, a decline of 31% from the average daily volume of 86,531 shares. The stock had previously closed at $2.04.
Paltalk Trading Down 0.7%
The company has a market cap of $18.70 million, a P/E ratio of -5.96 and a beta of 0.91. The firm’s fifty day moving average price is $1.99 and its 200-day moving average price is $1.97.
About Paltalk
Paltalk, Inc, together with its subsidiaries, develops communications software and multimedia social applications worldwide. It offers consumer applications, which include Paltalk, Camfrog, and Tinychat for live video chat; and owns and operates Vumber, a telecommunications services provider that enables users to have multiple phone numbers in any area code through which calls can be forwarded to a user’s existing cell phone or land line telephone number.
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