Banxa Holdings Inc. (CVE:BNXA – Get Free Report) was up 25.3% during trading on Friday . The company traded as high as C$0.95 and last traded at C$0.94. Approximately 471,852 shares were traded during trading, an increase of 1,352% from the average daily volume of 32,498 shares. The stock had previously closed at C$0.75.
Banxa Stock Performance
The firm’s fifty day moving average price is C$0.74 and its two-hundred day moving average price is C$0.56. The stock has a market capitalization of C$42.83 million, a PE ratio of -4.70 and a beta of 2.75. The company has a current ratio of 0.96, a quick ratio of 2.36 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.
See Also
- Five stocks we like better than Banxa
- Consumer Discretionary Stocks Explained
- CarMax Gets in Gear: Is Now the Time to Buy?
- What Are Growth Stocks and Investing in Them
- Qubit Combat: 2 Stocks Battle for Quantum Supremacy
- What Investors Need to Know to Beat the Market
- Oil Titans Face Off: Exxon Mobil or Chevron for 2025 Gains?
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.
