Galaxy Digital (TSE:GLXY) Shares Up 5.1% – Time to Buy?

Shares of Galaxy Digital Holdings Ltd. (TSE:GLXYGet Free Report) shot up 5.1% on Wednesday . The stock traded as high as C$39.25 and last traded at C$39.12. 1,086,376 shares changed hands during mid-day trading, an increase of 47% from the average session volume of 738,943 shares. The stock had previously closed at C$37.22.

Galaxy Digital Stock Up 5.1%

The stock has a market capitalization of C$7.52 billion, a price-to-earnings ratio of 69.86 and a beta of 2.36. The company has a fifty day moving average of C$36.11 and a two-hundred day moving average of C$39.58.

Galaxy Digital (TSE:GLXYGet Free Report) last issued its earnings results on Monday, November 10th. The company reported C$1.41 earnings per share for the quarter. The business had revenue of C$39.55 billion for the quarter. Galaxy Digital had a net margin of 364.19% and a return on equity of 83.38%. Equities analysts anticipate that Galaxy Digital Holdings Ltd. will post 2.1003672 earnings per share for the current fiscal year.

Galaxy Digital Company Profile

(Get Free Report)

Galaxy Digital is a is a diversified financial services and investment management company dedicated to the digital assets and blockchain technology industry. The company operates through five business lines: Trading, Principal investing, Asset management, mining and Investment Banking.

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