SHF (NASDAQ:SHFS) Shares Up 8.5% – Still a Buy?

SHF Holdings, Inc. (NASDAQ:SHFSGet Free Report)’s share price rose 8.5% during trading on Wednesday . The company traded as high as $0.47 and last traded at $0.45. Approximately 255,324 shares changed hands during trading, an increase of 192% from the average daily volume of 87,400 shares. The stock had previously closed at $0.42.

SHF Price Performance

The stock has a market cap of $25.07 million, a P/E ratio of 2.65 and a beta of 0.30. The business has a 50 day simple moving average of $0.40 and a 200-day simple moving average of $0.51. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.83 and a current ratio of 0.83.

SHF Company Profile

(Get Free Report)

SHF Holdings, Inc, through its subsidiaries, provides access to banking, lending, and other financial services to financial institutions serving the cannabis industry. The company, through its proprietary platform, offers access to business checking and savings accounts, cash management accounts, savings and investment options, commercial lending, courier services, remote deposit services, automated clearing house payments and origination, and wire payments.

See Also

Receive News & Ratings for SHF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SHF and related companies with MarketBeat.com's FREE daily email newsletter.