Banxa Holdings Inc. (CVE:BNXA – Get Free Report) shares were up 30.1% during mid-day trading on Tuesday . The stock traded as high as C$1.61 and last traded at C$1.60. Approximately 622,219 shares traded hands during mid-day trading, an increase of 226% from the average daily volume of 190,581 shares. The stock had previously closed at C$1.23.
Banxa Stock Performance
The firm has a market cap of C$72.90 million, a PE ratio of -8.00 and a beta of 2.75. The company has a 50 day simple moving average of C$0.94 and a 200-day simple moving average of C$0.66. The company has a debt-to-equity ratio of 194.64, a current ratio of 0.96 and a quick ratio of 2.36.
About Banxa
Banxa Holdings Inc operates as a payments service provider for the cryptocurrency exchanges in Australia, North America, and Europe. It provides Web3 on-and-off ramp solutions that allows users to purchase cryptocurrency and NFT’s using fiat currency. The company’s platform also provides connections to approximately 40 blockchain ecosystems allowing businesses and projects to list new tokens on existing blockchains or explore opportunities to list on new blockchains.
See Also
- Five stocks we like better than Banxa
- How to Invest in Biotech Stocks
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- Trading Halts Explained
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- Health Care Stocks Explained: Why You Might Want to Invest
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
Receive News & Ratings for Banxa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banxa and related companies with MarketBeat.com's FREE daily email newsletter.
