Shares of Banxa Holdings Inc. (CVE:BNXA – Get Free Report) traded up 25.3% on Saturday . The company traded as high as C$0.95 and last traded at C$0.94. 469,852 shares traded hands during trading, an increase of 1,346% from the average session volume of 32,490 shares. The stock had previously closed at C$0.75.
Banxa Trading Up 25.3 %
The firm’s 50 day simple moving average is C$0.74 and its 200-day simple moving average is C$0.56. The company 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.
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.
Featured Articles
- Five stocks we like better than Banxa
- What Are Dividends? Buy the Best Dividend Stocks
- XPO Stock Gains Momentum as U.S. Trade Outlook Evolves
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- CarMax Gets in Gear: Is Now the Time to Buy?
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- 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.
