Banxa Holdings Inc. (CVE:BNXA – Get Free Report) traded up 25.3% during mid-day trading on Saturday . The stock traded as high as C$0.95 and last traded at C$0.94. 469,852 shares were traded during trading, an increase of 1,346% from the average session volume of 32,490 shares. The stock had previously closed at C$0.75.
Banxa Stock Performance
The stock’s 50-day moving average is C$0.74 and its 200 day moving average is C$0.56. The stock has a market cap of C$42.83 million, a price-to-earnings ratio of -4.70 and a beta of 2.75. The company has a debt-to-equity ratio of 194.64, a current ratio of 0.96 and a quick ratio of 2.36.
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.
Featured Articles
- Five stocks we like better than Banxa
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- XPO Stock Gains Momentum as U.S. Trade Outlook Evolves
- What is MarketRank™? How to Use it
- CarMax Gets in Gear: Is Now the Time to Buy?
- What is a buyback in stocks? A comprehensive guide for investors
- Qubit Combat: 2 Stocks Battle for Quantum Supremacy
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.
