Banxa (OTC:BNXAF) Trading Down 7.1% – Should You Sell?

Shares of Banxa Holdings Inc. (OTC:BNXAFGet Free Report) dropped 7.1% on Monday . The stock traded as low as $0.53 and last traded at $0.54. Approximately 3,367 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 9,351 shares. The stock had previously closed at $0.58.

Banxa Stock Performance

The stock’s 50 day moving average is $0.42 and its two-hundred day moving average is $0.39.

About Banxa

(Get Free Report)

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 end users to purchase cryptocurrency and NFT's using fiat currency. The company was founded in 2014 and is headquartered in Melbourne, Australia.

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