Banxa Holdings Inc. (CVE:BNXA – Get Free Report)’s share price traded up 20% on Friday . The company traded as high as C$0.95 and last traded at C$0.90. 154,452 shares traded hands during mid-day trading, an increase of 396% from the average session volume of 31,118 shares. The stock had previously closed at C$0.75.
Banxa Stock 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 current ratio of 0.96, a quick ratio of 2.36 and a debt-to-equity ratio of 194.64. The stock has a market capitalization of C$42.83 million, a price-to-earnings ratio of -4.70 and a beta of 2.75.
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
- Overbought Stocks Explained: Should You Trade Them?
- Oil Titans Face Off: Exxon Mobil or Chevron for 2025 Gains?
- Best Stocks Under $5.00
- Mining Stocks Back in the Spotlight: 3 Key Names to Watch
- Ride Out The Recession With These Dividend Kings
- MarketBeat Week in Review – 12/16 – 12/20
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.
