Shares of Banxa Holdings Inc. (CVE:BNXA – Get Free Report) traded up 30.1% during mid-day trading on Wednesday . The stock traded as high as C$1.61 and last traded at C$1.60. 622,219 shares traded hands during trading, an increase of 226% from the average session volume of 190,581 shares. The stock had previously closed at C$1.23.
Banxa Trading Down 1.9 %
The business has a fifty day moving average price of C$0.99 and a 200-day moving average price of C$0.68. The company has a quick ratio of 2.36, a current ratio of 0.96 and a debt-to-equity ratio of 194.64. The company has a market cap of C$68.80 million, a P/E ratio of -7.55 and a beta of 2.75.
Banxa Company Profile
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.
Read More
- Five stocks we like better than Banxa
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Uber’s Business, Cash Flow, and AI are Why it Will Set a New High
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Weak Guidance from Bristol-Myers Could Be Creating an Opportunity
- What Are Some of the Best Large-Cap Stocks to Buy?
- These are the 3 Stocks Most Likely to Split in 2025
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.
