Shares of Banxa Holdings Inc. (CVE:BNXA – Get Free Report) traded down 3.6% during trading on Friday . The company traded as low as C$0.52 and last traded at C$0.53. 5,608 shares were traded during trading, a decline of 72% from the average session volume of 19,735 shares. The stock had previously closed at C$0.55.
Banxa Trading Down 3.6 %
The company has a debt-to-equity ratio of 194.64, a current ratio of 0.96 and a quick ratio of 2.36. The business’s 50 day moving average is C$0.40 and its 200 day moving average is C$0.52. The stock has a market cap of C$24.15 million, a price-to-earnings ratio of -2.65 and a beta of 2.75.
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 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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