Cuentas (NASDAQ:CUEN) Stock Price Up 16.5% – Time to Buy?

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

Cuentas Stock Performance

The firm has a market capitalization of $1.91 million, a P/E ratio of -3.33 and a beta of -16.84. The firm has a 50 day moving average price of $0.39 and a two-hundred day moving average price of $0.28.

Cuentas Company Profile

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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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