|Bid||0.00 x 250000|
|Ask||0.00 x 250000|
|Day's range||437.00 - 437.00|
|52-week range||355.98 - 439.00|
|PE ratio (TTM)||16.41|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
Mobile advertising firm Taptica said on Monday it agreed to acquire 57 percent of Adinnovation Inc for up to $5.7 million in cash, the first Israeli acquisition of a Japanese mobile ad company. Following the opening of Taptica's office in Seoul in 2016, and together with its presence in China, the acquisition is part of Taptica's strategy to increase its presence in Asia-Pacific. Taptica, a mobile ad platform for advertising agencies and brands, believes Japan will be the next key growth market for mobile advertising due to its developed mobile networks and proliferation of smartphones.
Categories: Yahoo FinanceTaptica International Ltd. relative valuation is now OVERVALUED. It was previously rated NEUTRAL, and has a fundamental analysis score of 81. Our analysis is based on comparing Taptica International Ltd. with the following peers – M&C Saatchi plc, reach4entertainment enterprises plc, Cairo Communication S.p.A. and Havas SA (SAA-GB, R4E-GB, CAI-IT and HAV-FR). Relative Valuation Taptica ... Read more (Read more...)
Roland Head explains why he sees further upside potential at these two firms.