APCX Stock Summary and Trading Ideas (Apptech Payments Corp. | NASDAQ:APCX)

AppTech Payments Corp is a FinTech company utilizing innovative payment processing and digital banking technologies to complement core merchant services capabilities. The company's patented and proprietary software will provide progressive and adaptable products that are available through a suite of synergistic offerings directly to merchants, banking institutions, and business enterprises. It is developing a secure digital payments and banking platform that powers commerce experiences for clients and customers. Based upon industry standards for payment and banking protocols, it will offer standalone products and fully integrated solutions that deliver innovative, unparalleled payments, banking, and financial services experiences.

Apptech Payments Corp. trades on the NASDAQ stock market under the symbol APCX.

As of March 20, 2023, APCX stock price climbed to $1.61 with 110,460 million shares trading.

APCX has a beta of 1.60, meaning it tends to be more sensitive to market movements. APCX has a correlation of 0.03 to the broad based SPY ETF.

APCX has a market cap of $26.42 million. This is considered a Sub-Micro Cap stock.

The top ETF exchange traded funds that APCX belongs to (by Net Assets): VTI, VXF.

APCX has outperformed the market in the last year with a return of +53.3%, while the SPY ETF lost -8.7%. In the last 3 month period, APCX beat the market returning +78.5%, while SPY returned +3.1%. However, in the most recent 2 weeks APCX has underperformed the stock market by returning -9.0%, while SPY returned -2.2%.

APCX support price is $1.43 and resistance is $1.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that APCX stock will trade within this expected range on the day.