Galaxy Digital (TSE:GLXY) Trading Up 7.1% – Still a Buy?

Shares of Galaxy Digital Holdings Ltd. (TSE:GLXYGet Free Report) traded up 7.1% on Wednesday . The stock traded as high as C$15.05 and last traded at C$13.22. 2,213,358 shares changed hands during trading, an increase of 91% from the average session volume of 1,159,207 shares. The stock had previously closed at C$12.34.

Galaxy Digital Price Performance

The stock has a fifty day simple moving average of C$20.84 and a 200-day simple moving average of C$22.55. 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.

About Galaxy Digital

(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.

Further Reading

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