Banxa Holdings Inc. (CVE:BNXA – Get Free Report) shares traded up 29.3% during mid-day trading on Tuesday . The company traded as high as C$1.61 and last traded at C$1.59. 601,019 shares were traded during mid-day trading, an increase of 218% from the average session volume of 189,118 shares. The stock had previously closed at C$1.23.
Banxa Stock Performance
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 business has a fifty day simple moving average of C$0.94 and a 200-day simple moving average of C$0.66. The company has a quick ratio of 2.36, a current ratio of 0.96 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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