Banxa Holdings Inc. (CVE:BNXA – Get Free Report) was up 1% during mid-day trading on Monday . The stock traded as high as C$0.98 and last traded at C$0.98. Approximately 26,603 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 150,870 shares. The stock had previously closed at C$0.97.
Banxa Stock Performance
The business has a 50-day moving average price of C$0.88 and a 200-day moving average price of C$0.60. The firm has a market capitalization of C$45.56 million, a price-to-earnings ratio of -5.00 and a beta of 2.75. The company has a quick ratio of 2.36, a current ratio of 0.96 and a debt-to-equity ratio of 194.64.
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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