Shares of Banxa Holdings Inc. (CVE:BNXA – Get Free Report) were down 19.5% during mid-day trading on Tuesday . The company traded as low as C$0.66 and last traded at C$0.66. Approximately 101,203 shares were traded during trading, an increase of 22% from the average daily volume of 82,877 shares. The stock had previously closed at C$0.82.
Banxa Trading Up 1.5%
The firm has a market capitalization of C$35.32 million, a PE ratio of -16.15 and a beta of 2.75. The business has a 50 day moving average price of C$0.75 and a 200-day moving average price of C$0.87. The company has a current ratio of 0.81, a quick ratio of 2.36 and a debt-to-equity ratio of -209.35.
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.
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