|Bid||0.00 x 250000|
|Ask||0.00 x 250000|
|Day's range||405.00 - 415.00|
|52-week range||150.00 - 468.90|
|PE ratio (TTM)||13.32|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Telit Communications plc (LON:TCM) is down 50% since May. Could Taptica International plc's (LON: TAP) shares plummet further too?
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.