Banxa Holdings Inc. (CVE:BNXA – Get Free Report) shares rose 7.4% during mid-day trading on Monday . The stock traded as high as C$1.34 and last traded at C$1.30. Approximately 291,339 shares were traded during mid-day trading, an increase of 320% from the average daily volume of 69,329 shares. The stock had previously closed at C$1.21.
Banxa Price Performance
The company has a market cap of C$59.26 million, a price-to-earnings ratio of -8.13 and a beta of 1.52. The company’s 50 day moving average price is C$1.23 and its 200-day moving average price is C$1.12. The company has a debt-to-equity ratio of -209.35, a quick ratio of 2.36 and a current ratio of 0.81.
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.
See Also
- Five stocks we like better than Banxa
- Financial Services Stocks Investing
- D-Wave: Time to Buy the Dip? Or is the Fall Just Starting?
- Why Are These Companies Considered Blue Chips?
- Hims, Block, and NRG Just Launched Huge Stock Buybacks
- 3 Warren Buffett Stocks to Buy Now
- Retail Earnings Roundup: Walmart Scores, Target Slumps in Q3
Receive News & Ratings for Banxa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banxa and related companies with MarketBeat.com's FREE daily email newsletter.
