Galaxy Digital (TSE:GLXY) Stock Price Down 10.9% – Should You Sell?

Galaxy Digital Holdings Ltd. (TSE:GLXYGet Free Report)’s stock price traded down 10.9% on Wednesday . The company traded as low as C$26.03 and last traded at C$26.70. 455,657 shares changed hands during trading, a decline of 63% from the average session volume of 1,225,567 shares. The stock had previously closed at C$29.97.

Galaxy Digital Price Performance

The stock has a market cap of C$6.72 billion, a PE ratio of 2.36 and a beta of 3.17. The business has a 50 day moving average price of C$21.50 and a two-hundred day moving average price of C$24.04.

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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