Galaxy Digital (TSE:GLXY) Trading 7.1% Higher – Here’s Why

Galaxy Digital Holdings Ltd. (TSE:GLXYGet Free Report)’s stock price traded up 7.1% on Tuesday . The company traded as high as C$15.05 and last traded at C$13.22. 2,213,358 shares traded hands during trading, an increase of 91% from the average session volume of 1,156,533 shares. The stock had previously closed at C$12.34.

Galaxy Digital Price Performance

The firm’s 50 day moving average price is C$21.45 and its two-hundred day moving average price is C$22.62. The stock has a market cap of C$3.11 billion, a PE ratio of 1.09 and a beta of 3.17.

Galaxy Digital Company Profile

(Get Free Report)

Galaxy Digital Holdings Ltd. engages in the digital asset and blockchain businesses. It operates through three segments: Global Markets, Asset Management, and Digital Infrastructure Solutions. The company provides various financial products and services to individuals and institutions, such as digital asset trading, derivatives, structured products, financing, capital markets, and merger and acquisition services, digital asset spot and derivatives trading, bespoke lending and structured products.

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