Splitit (ASX:SPT) Trading Down 2.1%

Splitit (ASX:SPT)’s share price dropped 2.1% during mid-day trading on Wednesday . The company traded as low as A$0.45 ($0.32) and last traded at A$0.46 ($0.33), approximately 2,059,820 shares traded hands during mid-day trading. The stock had previously closed at A$0.47 ($0.33).

The business’s 50 day moving average price is A$0.55. The stock has a market cap of $124.04 million and a price-to-earnings ratio of -0.01.

About Splitit (ASX:SPT)

Splitit Payments Ltd, a technology company, provides credit card based installment solutions to businesses and retailers in Israel. Its Splitit Payment Platform operates as an intermediate layer between a merchant's platform and its existing payment gateway. The company was incorporated in 2008 and is headquartered in Tel Aviv, Israel.

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