Galaxy Digital (TSE:GLXY) Trading 10.2% Higher – What’s Next?

Galaxy Digital Holdings Ltd. (TSE:GLXYGet Free Report) rose 10.2% on Tuesday . The company traded as high as C$15.05 and last traded at C$13.60. Approximately 1,820,200 shares traded hands during trading, an increase of 58% from the average daily volume of 1,152,716 shares. The stock had previously closed at C$12.34.

Galaxy Digital Stock Performance

The business’s 50 day moving average price is C$21.45 and its two-hundred day moving average price is C$22.62. The company has a market capitalization of C$3.11 billion, a price-to-earnings ratio of 1.09 and a beta of 3.17.

Galaxy Digital Company Profile

(Get Free Report)

Galaxy Digital Holdings Ltd. engages in the digital asset and blockchain businesses. It operates through three segments: Global Markets, Asset Management, and Digital Infrastructure Solutions. The company provides various financial products and services to individuals and institutions, such as digital asset trading, derivatives, structured products, financing, capital markets, and merger and acquisition services, digital asset spot and derivatives trading, bespoke lending and structured products.

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