Banxa Holdings Inc. (CVE:BNXA – Get Free Report) was up 17.3% during trading on Tuesday . The stock traded as high as C$1.15 and last traded at C$1.15. Approximately 88,716 shares were traded during trading, an increase of 201% from the average daily volume of 29,518 shares. The stock had previously closed at C$0.98.
Banxa Stock Performance
The company has a market capitalization of C$34.17 million, a PE ratio of -3.75 and a beta of 2.75. The stock’s 50-day simple moving average is C$0.72 and its 200 day simple moving average is C$0.56. The company has a debt-to-equity ratio of 194.64, a quick ratio of 2.36 and a current ratio of 0.96.
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.
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