Holger Roman Arians Buys 14,500 Shares of Banxa Holdings Inc. (CVE:BNXA) Stock

Banxa Holdings Inc. (CVE:BNXA) Senior Officer Holger Roman Arians purchased 14,500 shares of the firm’s stock in a transaction that occurred on Monday, March 25th. The stock was acquired at an average price of C$0.71 per share, for a total transaction of C$10,295.00.

Banxa Price Performance

Banxa stock opened at C$0.71 on Wednesday. The company has a debt-to-equity ratio of 194.64, a current ratio of 0.86 and a quick ratio of 2.36. Banxa Holdings Inc. has a 1-year low of C$0.38 and a 1-year high of C$1.33. The company has a market cap of C$32.35 million, a PE ratio of -3.55 and a beta of 3.21. The stock’s 50 day moving average price is C$0.71 and its 200 day moving average price is C$0.67.

Wall Street Analyst Weigh In

Separately, HC Wainwright decreased their price target on Banxa from C$4.00 to C$1.00 in a research note on Friday, January 5th.

About Banxa

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.