Banxa Holdings Inc. (CVE:BNXA – Get Free Report) rose 25.3% during trading on Saturday . The company traded as high as C$0.95 and last traded at C$0.94. Approximately 469,852 shares changed hands during trading, an increase of 1,346% from the average daily volume of 32,490 shares. The stock had previously closed at C$0.75.
Banxa Stock Performance
The business’s fifty day moving average is C$0.74 and its two-hundred day moving average 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 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.
Featured Stories
- Five stocks we like better than Banxa
- What is a Special Dividend?
- XPO Stock Gains Momentum as U.S. Trade Outlook Evolves
- ESG Stocks, What Investors Should Know
- CarMax Gets in Gear: Is Now the Time to Buy?
- How to Effectively Use the MarketBeat Ratings Screener
- Qubit Combat: 2 Stocks Battle for Quantum Supremacy
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.
