Shares of Banxa Holdings Inc. (CVE:BNXA – Get Free Report) were up 27.6% on Tuesday . The company traded as high as C$1.57 and last traded at C$1.57. Approximately 416,544 shares traded hands during trading, an increase of 132% from the average daily volume of 179,367 shares. The stock had previously closed at C$1.23.
Banxa Trading Up 29.3 %
The company has a market capitalization of C$72.44 million, a P/E ratio of -7.95 and a beta of 2.75. The stock has a 50 day moving average of C$0.94 and a 200-day moving average of C$0.66. The company has a current ratio of 0.96, a quick ratio of 2.36 and a debt-to-equity ratio of 194.64.
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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