Shares of Banxa Holdings Inc. (CVE:BNXA – Get Free Report) were up 30.1% during trading on Tuesday . The stock traded as high as C$1.61 and last traded at C$1.60. Approximately 574,411 shares were traded during mid-day trading, an increase of 205% from the average daily volume of 188,587 shares. The stock had previously closed at C$1.23.
Banxa Price Performance
The company has a debt-to-equity ratio of 194.64, a quick ratio of 2.36 and a current ratio of 0.96. The firm has a market cap of C$72.90 million, a P/E ratio of -8.00 and a beta of 2.75. The firm’s fifty day simple moving average is C$0.94 and its 200 day simple moving average is C$0.66.
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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